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NY A10559

Bill

Official Source

Status

Introduced

3/13/2026

Primary Sponsor

Jaime Williams

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Creates a property tax exemption of 15% of assessed value for police officers who own residential property in New York State
  • Caps the exemption at $12,000 or $12,000 multiplied by the local equalization rate, whichever is less
  • Requires local governments (counties, cities, towns, villages) to opt in by adopting a local law after a public hearing
  • Exemption applies only to primary residences used exclusively for residential purposes and does not apply to school taxes
  • Property owners must file an application annually with the assessor's office; false statements subject to penalties under penal law

Legislative Description

Establishes a property tax exemption for police officers who serve in the state of New York; establishes the rate of such tax exemption.

Last Action

referred to real property taxation

3/13/2026

Committee Referrals

Real Property Taxation3/13/2026

Full Bill Text

No bill text available