NY A02437

Provides property tax exemption of up to 10% of assessed value for enrolled members of ocean rescue squads in towns with populations between 28,370 and 28,400 (per 2020 census), applicable to city, village, town, school district, fire district, and county taxes

Requires local governing bodies to adopt a local law, ordinance, or resolution after a public hearing to implement the exemption, with a mandatory service requirement between 2 and 5 years established by each municipality

Grants lifetime 10% exemption to members who complete more than 20 years of active service, as long as their primary residence remains in the applicable town

Allows un-remarried spouses of members killed in the line of duty to continue receiving the exemption if the deceased had at least 5 years of service, or spouses of deceased members with at least 20 years of service

Repeals a 2024 law specifically granting this exemption to East Hampton Volunteer Ocean Rescue and Auxiliary Squad members, replacing it with this broader statutory framework