NY A04970

Allows school districts to exempt property owned by volunteer firefighters from school district real property taxes (excluding special assessments) after adopting a local law, ordinance, or resolution following a public hearing.

Exemption limited to $12,000 multiplied by the latest state equalization rate for the assessing unit where the property is located.

Exemption requires applicant to reside in the served school district, occupy property as primary residence, use property exclusively for residential purposes, and be certified as an enrolled member for at least five years.

Volunteer firefighters with 20 or more years of active service and proper certification receive the exemption for life as long as their primary residence remains in the school district.

Applications must be filed with the assessor or designated agency on or before the taxable status date using a form prescribed by the commissioner.