Loading chat...
NY A03729
Bill
Status
Introduced
1/30/2025
Primary Sponsor
Jaime Williams
Click for details
AI Summary
- Authorizes counties, cities, towns, villages, and school districts to grant a 50% property tax exemption on the primary residence of surviving spouses of police officers killed in the line of duty
- Local governments may adopt a lower exemption percentage than the 50% maximum through local law or resolution
- Extends eligibility to properties held in trust for the benefit of qualifying surviving spouses
- Allows cooperative apartment tenant-stockholders to receive the exemption on their proportional share of the cooperative's property, except for those in certain subsidized housing under the private housing finance law
- Requires the Commissioner of Taxation and the Division of Criminal Justice Services to develop documentation standards for proving eligibility, to be published on their websites
Legislative Description
Establishes a real property tax exemption for the primary residences of surviving spouses of police officers killed in the line of duty.
Last Action
substituted by s683a
6/10/2025
Committee Referrals
Rules6/9/2025
Ways and Means2/25/2025
Real Property Taxation1/30/2025
Full Bill Text
No bill text available