NY S08803

Provides a full real property tax exemption for the primary residence of veterans who are rated 100% disabled by the U.S. Department of Veterans Affairs and have received federal pecuniary assistance for housing modifications related to their disability

Makes this exemption automatic and statewide rather than requiring local adoption by counties, cities, towns, villages, or school districts

Allows the exemption to be received in addition to other veteran property tax exemptions under the real property tax law, including those under section 458

Clarifies that a qualifying veteran's taxable assessed value cannot be reduced below zero and does not require discontinuance of other veteran exemptions already granted

Changes the effective date from assessment rolls prepared on or after January 2, 2026 to those based on taxable status dates occurring on or after October 1, 2026