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NY S07244
NY S07244Provides eligibility for a real property tax exemption for current or retired military reservists based on participation in formal training activities.
summary
Introduced
04/07/2025
04/07/2025
In Committee
04/07/2025
04/07/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the real property tax law, in relation to the veterans' real property tax exemption with respect to members of the reserves
AI Summary
This bill amends the real property tax law to expand eligibility for a property tax exemption for military reservists by allowing local governments (counties, cities, towns, villages, and school districts) to provide a tax break to reservists who participated in formal training activities, in addition to those who were previously designated as being on active duty under a specific Executive Order from 1970. The bill allows these local governments to grant the tax exemption to reservists who are either active members in good standing, have been honorably discharged, have a qualifying condition as defined in veterans' services law, or are discharged LGBT veterans, provided they meet other existing qualifications. By inserting language about "formal training activities," the bill expands the potential pool of military reservists who can qualify for this property tax exemption, recognizing the service and contributions of reservists who may not have been previously covered under the existing law.
Committee Categories
Military Affairs and Security
Sponsors (1)
Last Action
REFERRED TO VETERANS, HOMELAND SECURITY AND MILITARY AFFAIRS (on 04/07/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S7244 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S07244&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S07244 |
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