NY S02028

Allows counties, cities, towns, villages, and school districts to adopt local laws or resolutions providing real property tax exemptions for primary residences of seriously disabled veterans.

Requires veterans to have been discharged or released under honorable conditions, or have a qualifying condition as defined in the veterans' services law with a discharge other than bad conduct or dishonorable.

Requires veterans to be rated 100 percent disabled by the U.S. Department of Veterans Affairs, deemed permanently and totally disabled from military service, or rated as individually unemployable by the VA.

Exempts qualifying veterans' primary residences from taxation, special district charges, assessments, and special ad valorem levies if they used federal pecuniary assistance for acquiring or modifying housing with special features necessitated by their disability.

Takes effect immediately and applies to assessment rolls prepared on and after January 2, 2024.