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NY A02438
Bill
Status
1/16/2025
Primary Sponsor
Tommy Schiavoni
Click for details
AI Summary
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Provides a property tax exemption of up to 10% of assessed value for enrolled members of ocean rescue squads residing in towns with populations between 69,000 and 69,050 according to the 2020 census
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Requires local governing bodies to adopt a local law, ordinance, or resolution after a public hearing to offer the exemption, with a minimum service requirement between 2-5 years set by each municipality
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Grants a lifetime 10% exemption to ocean rescue squad members who complete more than 20 years of active service, as long as they maintain their primary residence in the applicable town
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Allows un-remarried spouses of ocean rescue squad members killed in the line of duty to continue receiving the exemption if the deceased member had at least 5 years of service
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Repeals a prior 2024 law specific to Southampton Village Ocean Rescue and replaces it with this broader framework for qualifying municipalities
Legislative Description
Establishes eligibility for a tax exemption on real property for enrolled members of ocean rescue squads in certain municipalities; repeals a section of law relating to the eligibility of enrolled members of Southampton Village Ocean Rescue for a tax exemption on real property.
Last Action
substituted by s781
2/5/2025