Bill > S07192

This bill establishes a property tax exemption for police officers in New York state by allowing local government bodies (counties, cities, towns, or villages) to adopt a local law providing a 15% tax exemption on residential property owned by qualified police officers. The exemption is capped at $12,000 or the product of $12,000 multiplied by the local equalization rate, whichever is less. A "qualified owner" is defined as a police officer whose primary residence is within New York state, and the exemption applies only to property used exclusively for residential purposes. Importantly, the exemption does not apply to school district taxes. To receive the exemption, police officers must annually apply through their local assessor's office, and they can be penalized for making false statements on their application. Local governments can choose to implement or repeal this exemption, but any repeal must occur at least 90 days before the local taxable status date. The bill will take effect on the second day of January following its passage and will apply to real property with a taxable status date on or after that effective date.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S7192