BILL NUMBER: S2248
SPONSOR: WEIK
 
TITLE OF BILL:
An act to amend the real property tax law, in relation to providing real
property tax relief to certain veterans
 
PURPOSE:
To authorize a county, city, town or village in this state to adopt a
local law to provide qualifying residential real property a real' prop-
erty tax credit of up to four hundred dollars for the purpose of recog-
nizing the service of residents of this state who have served in the
military reserves of the United States or of the organized militia of
the state of New York.
 
SUMMARY OF PROVISIONS:
Section 1 amends the real property tax law by adding a new section 458-d
allowing municipalities to provide a real property tax credit to quali-
fying residential real property for up to four hundred dollars to recog-
nize the service of military reservists. The real property tax credit
will only be applied to county, city, town, village, and special
district taxes. A person that is already receiving an exemption under
section 458, 458-a, 458-b is not eligible to receive this exemption. The
commissioner of the department of taxation and finance shall develop a
uniform application for this real property tax credit.
Section 2. Establishes the effective date.
 
JUSTIFICATION:
Reservists enlist knowing that they may be called into active duty, and
they stand ready to answer the call. However, reservists who are not
called to active duty are not eligible for many of the benefits of those
who do get called, such as property tax exemptions. Reservists who are
never called to active duty still deserve a level of this benefit.
 
LEGISLATIVE HISTORY:
2022: S9168 Veterans, Homeland Security, and Military Affairs
 
FISCAL IMPLICATIONS:
None to the state
 
EFFECTIVE DATE:
This act shall take effect immediately and shall apply to taxable 5
years beginning on and after the first of January next succeeding the 6
date on which it shall have become a law