NY S01183

Authorizes counties, cities, towns, villages, and school districts to adopt local laws granting full property tax exemptions for the primary residences of seriously disabled veterans

Applies to veterans rated 100% disabled by the U.S. Department of Veterans Affairs who are permanently and totally disabled due to military service and rated as individually unemployable

Requires veterans to have been honorably discharged, or discharged under conditions other than bad conduct or dishonorable if they have a qualifying condition or are discharged LGBT veterans

Veterans must be eligible for or have received federal pecuniary assistance for acquiring or modifying housing with special features necessitated by their disability

Exemption covers all taxation, special district charges, assessments, and special ad valorem levies; takes effect for assessment rolls prepared on and after January 2, 2026