A 74: Establishes a real property tax exemption for the primary residence of veterans with a 100 percent service connected disability.
The bill aims to establish a real property tax exemption for veterans who have a 100% service-connected disability. To be eligible, the veteran must have been discharged or released under honorable conditions, have a qualifying condition, and have received a discharge other than bad conduct or dishonorable. The exemption applies to the primary residence of the veteran, provided they meet certain requirements, including being permanently and totally disabled as a result of military service and being rated 100% disabled by the US Department of Veterans Affairs. The exemption includes exemption from taxation and special district charges, assessments, and special ad valorem levies for the acquisition or modification of a suitable housing unit with special features necessary for the veteran's disability. The exemption takes effect immediately and applies to assessment rolls prepared on and a…
| Jun. 17, 2025 | substituted by s1183 |
| Jun. 17, 2025 | rules report cal.885 |
| Jun. 17, 2025 | reported |
| Jun. 17, 2025 | ordered to third reading rules cal.885 |
| Jun. 10, 2025 | amend by restoring to original print 74 |
STATE OF NEW YORK ________________________________________________________________________ 74 2025-2026 Regular Sessions IN ASSEMBLY (Prefiled) January 8, 2025 ___________ Introduced by M. of A. PHEFFER AMATO, JONES, HUNTER, WOERNER, McMAHON, CONRAD, HYNDMAN, LUPARDO, STERN, WEPRIN, LUNSFORD, LAVINE, BURDICK, DAVILA, MEEKS, EACHUS, RAGA -- read once and referred to the Committee on Real Property Taxation AN ACT to amend the real property tax law, in relation to establishing a real property tax exemption for veterans who have a one hundred percent service connected disability The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 458-a of the real property tax law is amended by 2 adding a new subdivision 11 to read as follows: 3 11. A county, city, town, village or school district may adopt a local 4 law or resolution to include the primary residence of any seriously 5 disabled veteran who: 6 (a)(i) was discharged or released therefrom under honorable condi- 7 tions; 8 (ii) has a qualifying condition, as defined in section one of the 9 veterans' services law, and has received a discharge other than bad 10 conduct or dishonorable from such service; or 11 (iii) is a discharged LGBT veteran, as defined in section one of the 12 veterans' services law, and has received a discharge other than bad 13 conduct or dishonorable from such service; and 14 (b) (i) is considered to be permanently and totally disabled as a 15 result of military service; 16 (ii) is rated one hundred percent disabled by the United States 17 department of veterans affairs; 18 (iii) has been rated by the United States department of veterans 19 affairs as individually unemployable; and 20 (iv) who is eligible for pecuniary assistance from the United States 21 government, or has received pecuniary assistance from the United States EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00391-01-5A. 74 2 1 government and has applied such assistance toward the acquisition or 2 modification of a suitable housing unit with special features or movable 3 facilities made necessary by the nature of the veterans' disability and 4 the necessary law therefor shall be fully exempt from taxation and 5 special district charges, assessments and special ad valorem levies, 6 provided that such veteran meets all other requirements of this section. 7 § 2. This act shall take effect immediately and shall apply to assess- 8 ment rolls prepared on and after January 2, 2026.