NY A00565

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

Requires school district governing bodies to adopt a resolution after public hearings to provide the veteran exemption, with separate procedures from other exemption hearings and local law adoptions.

Authorizes school districts to adopt local laws reducing maximum veteran exemptions 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 depending on property classification.

Permits "high-appreciation municipalities" (cities, counties with established sales price differentials, and cities/towns/villages within such counties) to adopt higher maximum exemptions ranging up to fifty-four thousand dollars, thirty-six thousand dollars, and one hundred eighty thousand dollars.

Extends to school districts the authority to include Gold Star Parents in veteran property tax exemption definitions through local law adoption.