NY A06490

Establishes a 10% property tax exemption for enrolled members of volunteer fire companies, fire departments, or voluntary ambulance services in counties with population between 1.5 and 1.6 million that are not located within a city of 1 million or more residents.

Requires exemption applicants to reside in the jurisdiction served by their volunteer organization, own property used exclusively as their primary residence, and have been certified as an active member for at least five years.

Extends the 10% exemption for the lifetime of members who accrue more than 20 years of active service and maintain their primary residence in the eligible county.

Requires local municipalities to adopt a local law, ordinance, or resolution after a public hearing to authorize the exemption in their jurisdiction.

Becomes effective January 1 following enactment and applies to assessment rolls prepared on or after that date.