Bill > S06559

This bill amends the New York real property tax law to allow local government entities (counties, cities, towns, villages, and school districts) to provide a 100% property tax exemption for combat veterans who are 100% disabled as a result of military service, or their unmarried surviving spouses. Importantly, this exemption would be optional for local governments, meaning each jurisdiction can choose whether to implement it. The bill specifies that this full exemption would not be subject to the local maximum exemption limits that currently exist for other veteran tax exemptions. The provisions would take effect immediately and apply to assessment rolls prepared on or after January 1, 2025, giving local governments time to adopt the new exemption if they choose to do so. This legislation aims to provide additional financial support to veterans who have been severely disabled during combat service by potentially reducing or eliminating their property tax burden.

Military Affairs and Security

https://www.nysenate.gov/legislation/bills/2025/S6559