Loading chat...
NY S09050
Bill
Status
Engrossed
6/6/2024
Primary Sponsor
Michelle Hinchey
Click for details
AI Summary
- Expands real property tax exemption eligibility for veterans who served in combat theatres or combat zones to also include those who served on submarines or classified missions during wartime periods
- Requires documentation of submarine or classified mission service through military service records, following the same process as existing combat ribbon and expeditionary medal requirements
- Maintains the existing exemption amount of ten percent of assessed property value, capped at $8,000 or the product of $8,000 multiplied by the state equalization rate for the assessing unit, whichever is less
- Takes effect immediately upon enactment
Legislative Description
Extends eligibility for real property tax exemptions to veterans who served on a submarine or on classified missions during a period of war as documented by military service records.
Last Action
referred to veterans' affairs
6/6/2024
Committee Referrals
Veterans' Affairs6/6/2024
Rules6/6/2024
Veterans, Homeland Security and Military Affairs4/12/2024
Full Bill Text
No bill text available