NY A00035

Amends Real Property Tax Law section 458-a to allow school districts to grant property tax exemptions to veterans, previously limited to county, city, town, and village taxation.

Requires school district governing bodies to adopt a resolution after public hearings to provide veterans' exemptions, with the hearing and resolution conducted separately from other tax exemption procedures.

Authorizes school districts to adopt local laws reducing maximum exemption amounts to nine thousand dollars, six thousand dollars, and thirty thousand dollars, or increasing them up to thirty-six thousand dollars, twenty-four thousand dollars, and one hundred twenty thousand dollars respectively.

Allows "high-appreciation municipalities" (cities, certain counties, and districts within those counties) to adopt local laws increasing maximum exemption amounts up to fifty-four thousand dollars, thirty-six thousand dollars, and one hundred eighty thousand dollars respectively.

Permits school districts to adopt local laws extending veterans' exemptions to Gold Star Parents whose primary residence is the qualifying property.