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NY A03458
Bill
Status
2/3/2023
Primary Sponsor
Angelo Santabarbara
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AI Summary
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Amends Real Property Tax Law section 458-a to make veteran property tax exemptions applicable to school district taxation without requiring a separate resolution or public hearing from the school district governing body.
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Eliminates the requirement that school districts adopt resolutions to provide veteran tax exemptions, removing the previous procedure for school districts to individually approve or repeal such exemptions.
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Establishes that the cost of providing veteran exemptions for school district taxation shall be borne by the state rather than by local school districts.
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Takes effect immediately and applies to assessment rolls prepared on or after January 1, 2024.
Legislative Description
Relates to exemptions available to veterans; requires school districts to provide the veterans alternative exemption; establishes that costs associated with such exemption shall be borne by the state.
Last Action
referred to real property taxation
1/3/2024