NY A07160

Cities with populations of 100,000 or more may adopt local laws providing a 5% or greater salary increase for police officers who reside in that city

Resident candidates for police officer positions in qualifying cities may receive 5 additional points on competitive civil service examinations for original appointment

Establishes tax credits for resident police officers: $500 annually against city personal income tax, $100 annually against city earnings tax, and $500 annually against state personal income tax (prorated based on days served)

Creates a real property tax exemption of $10,000 (multiplied by the state equalization rate) for police officers who own and reside in their primary residence within the city where they serve (excludes cities with 1 million+ population)

Establishes a police officer student loan forgiveness program providing up to $2,000 annually for a maximum of six years to officers who reside and work in cities of 100,000+ and incurred student loan debt at CUNY or SUNY institutions