NY S01162

Expands the definition of "Gold Star Parent" to "Gold Star Family Member" to include spouses, children, and siblings of armed forces members who died in the line of duty during wartime, not just parents.

Allows counties, cities, towns, villages, and school districts to adopt local laws to include Gold Star Family Members in the definition of "qualified owner" for the alternate veterans property tax exemption.

Extends the property tax exemption to qualifying residential real property owned by eligible Gold Star Family Members, provided the property is their primary residence.

Excludes Gold Star Family Members from receiving the additional exemption provided in subdivision two of the real property tax law.

Takes effect immediately upon enactment.