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NY A09688
Bill
Status
9/28/2016
Primary Sponsor
Michael Cusick
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AI Summary
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Amends the real property tax law to require cities with a population of one million or more (New York City) to adopt a local law, rather than a resolution, to provide real property tax exemptions for veterans
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Requires the local legislative body of such cities to hold separate public hearings and adopt a local law for veteran tax exemptions, distinct from hearings and procedures for other exemptions
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Applies the veteran tax exemption to county, city, town, village, and school district taxation upon adoption of the required local law
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Takes effect immediately upon enactment
Legislative Description
Relates to limitations on real property tax exemptions for veterans in the city of New York; requires the local legislative body to adopt a local law providing the exemption.
Last Action
signed chap.332
9/28/2016