NY A05571

Expands the definition of "veteran" eligible for real property tax exemptions under Real Property Tax Law Section 458-a to include individuals who served in active military, naval, or air service for more than 185 days and received a disability rating of 60 percent or greater from the Veterans Administration or Department of Defense.

Allows veterans with service-connected disabilities to qualify for exemptions regardless of whether they served during a designated "period of war," broadening eligibility beyond current war-service requirements.

Applies to assessment rolls prepared on or after August 30, 2008, with the amendments taking effect immediately upon enactment.