NY S09325

Creates a real property tax exemption of up to 50% of assessed value for surviving spouses of state and county correction officers who died in the line of duty, applicable only to their primary residence

Requires local legislative bodies (counties, cities, towns, villages) or school districts to pass a local law or resolution to implement the exemption, with authority to set a lower exemption percentage

Extends eligibility to property held in trust for qualifying individuals and to tenant-stockholders in cooperative apartment corporations based on their proportional share of stock

Excludes cooperative apartment residents in dwellings subject to certain private housing finance law provisions (articles two, four, five, or eleven)

Directs the commissioner to develop, in consultation with the commissioner of criminal justice services, a list of documents required to establish eligibility, to be made available online and to local assessors