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NY A02393

Bill

Official Source

Status

Introduced

1/15/2013

Primary Sponsor

Fred Thiele

Click for details

Origin

Assembly

2013-2014 General Assembly

AI Summary

  • Removes dollar caps on the 15% property tax exemption for all qualifying veterans, replacing the $12,000 cap with no specified limit
  • Removes the $8,000 cap on the additional 10% property tax exemption available to veterans who served in combat theatres or combat zones as documented by campaign ribbons or expeditionary medals
  • Removes the $40,000 cap on the property tax exemption for veterans with service-connected disabilities rated by the U.S. Veterans Administration or Department of Defense
  • Deems veterans who died in active service from service-connected disabilities as having a 100% disability rating for purposes of the exemption calculation
  • Takes effect immediately upon enactment

Legislative Description

Removes caps on allowable real property tax exemptions available to several categories of military veterans.

Last Action

referred to veterans' affairs

1/8/2014

Committee Referrals

Veterans' Affairs1/15/2013

Full Bill Text

No bill text available