Bill > A07735

This bill allows municipalities (counties, cities, towns, or villages) to adopt local laws that permit retroactive property tax exemption applications for veterans who were already granted an exemption but did not originally file their applications by the appropriate taxable status date. Specifically, the bill modifies sections 458, 458-a, and 458-b of the real property tax law to enable local governments to accept these late applications, but with important limitations: the retroactive applications can only be accepted for assessment rolls prepared within the three years preceding the date of application, and the veteran must have been eligible for the exemption if they had originally applied on time. To implement this, municipalities must first hold a public hearing and then pass a local law, ordinance, or resolution authorizing the retroactive applications. This provides flexibility for veterans who may have missed initial filing deadlines while still maintaining a reasonable time frame for retroactive claims.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A7735