A 7735: Relates to allowing municipalities to accept retroactive applications for real property tax exemptions from certain veterans.

  
  STATE OF NEW YORK ________________________________________________________________________ 7735 2025-2026 Regular Sessions  IN ASSEMBLY April 8, 2025 ___________ Introduced by M. of A. BRAUNSTEIN -- read once and referred to the Committee on Real Property Taxation AN ACT to amend the real property tax law and the administrative code of the city of New York, in relation to allowing municipalities to accept retroactive applications for real property tax exemptions from certain veterans The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 1 of section 458 of the real property tax law 2 is amended by adding a new paragraph 6 to read as follows: 3 (6) Notwithstanding the provisions of this section or any other 4 provision of law to the contrary, each county, city, town or village 5 shall adopt a local law allowing the assessor to accept retroactive 6 applications for the exemption set forth in this section from any veter- 7 an to whom an exemption has already been granted pursuant to the 8 provisions of this section, provided, however, that said veteran would 9 have been entitled to such exemption if such veteran had filed an appli- 10 cation for exemption by the appropriate taxable status date and that 11 such applications may only be accepted for assessment rolls prepared on 12 the basis of taxable status dates occurring no more than three years 13 preceding the date of such application. 14 § 2. Section 458-a of the real property tax law is amended by adding a 15 new subdivision 3-b to read as follows: 16 3-b. Notwithstanding the provisions of this section or any other 17 provision of law to the contrary, each county, city, town or village 18 shall adopt a local law allowing the assessor to accept retroactive 19 applications for the exemption set forth in this section from any veter- 20 an to whom an exemption has already been granted pursuant to the 21 provisions of this section, provided, however, that said veteran would 22 have been entitled to such exemption if such veteran had filed an appli- 23 cation for exemption by the appropriate taxable status date and that EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01587-01-5 
 A. 7735 2 1 such applications may only be accepted for assessment rolls prepared on 2 the basis of taxable status dates occurring no more than three years 3 preceding the date of such application. 4 § 3. Section 458-b of the real property tax law is amended by adding a 5 new subdivision 3-a to read as follows: 6 3-a. Notwithstanding the provisions of this section or any other 7 provision of law to the contrary, each county, city, town or village 8 shall adopt a local law allowing the assessor to accept retroactive 9 applications for the exemption set forth in this section from any veter- 10 an to whom an exemption has already been granted pursuant to the 11 provisions of this section, provided, however, that said veteran would 12 have been entitled to such exemption if such veteran had filed an appli- 13 cation for exemption by the appropriate taxable status date and that 14 such applications may only be accepted for assessment rolls prepared on 15 the basis of taxable status dates occurring no more than three years 16 preceding the date of such application. 17 § 4. Part 1 of subchapter 2 of chapter 2 of title 11 of the adminis- 18 trative code of the city of New York is amended by adding a new section 19 11-245.76 to read as follows: 20 § 11-245.76 Retroactive exemption for veterans. Pursuant to the 21 exemptions set out in paragraph six of subdivision one of section four 22 hundred fifty-eight, subdivision three-b of section four hundred fifty- 23 eight-a and subdivision three-a of section four hundred fifty-eight-b of 24 the real property tax law, the city hereby authorizes the assessor to 25 accept retroactive applications from any veteran to whom an exemption 26 has already been granted, provided, however, that said veteran would 27 have been entitled to such exemption if such veteran had filed an appli- 28 cation for exemption by the appropriate taxable status date and that 29 such applications may only be accepted for assessment rolls prepared on 30 the basis of taxable status dates occurring no more than three years 31 preceding the date of such application. 32 § 5. This act shall take effect immediately.