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NY A05578

Bill

Official Source

Status

Introduced

2/18/2025

Primary Sponsor

Pamela Hunter

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Expands combat-related property tax exemptions to include veterans who served on submarines or classified missions during wartime, as documented by military service records
  • Currently, the additional exemption requires documentation through campaign ribbons, service medals, or expeditionary medals from combat zones
  • The additional exemption provides up to 10% of assessed property value, capped at $8,000 or $8,000 multiplied by the state equalization rate
  • Recognizes that submarine and classified mission service may not result in traditional combat zone documentation despite wartime service
  • Takes effect immediately upon passage

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

1/7/2026

Committee Referrals

Veterans' Affairs2/18/2025

Full Bill Text

No bill text available