BILL NUMBER: S696
SPONSOR: GALLIVAN
 
TITLE OF BILL:
An act to amend the real property tax law, in relation to tax exemptions
for certain eligible reservists
 
PURPOSE:
This legislation would allow the governing body of a city, village, town
or county to adopt a local law that would exempt property of reservists
called to active duty, from real property taxes.
 
SUMMARY OF PROVISIONS:
Section 1. The real property tax law is amended by adding a new section
458-c, which permits municipalities to adopt local laws exempting prop-
erty owned by reservists, from real property taxes.
Section 2. Sets forth the effective date.
 
JUSTIFICATION:
This legislation provides a benefit to those reservists who are called
to active duty by the President of the United States. Military personnel
who are serving our country are sacrificing so much in order to protect
the citizens of the United States. This legislation would allow the
communities in which they live to express their gratitude to the mili-
tary personnel by providing an exemption from real property taxes for
the time that they are called to active duty. Furthermore, this
exemption would ease the financial burden that reservists and their
families often face when they are called upon to serve.
 
LEGISLATIVE HISTORY:
2023-24: S.244/A.6327 Referred to Veterans, Homeland Security and Mili-
tary Affairs/Referred to Real Property Taxation
2021-22: S.1702/A.9134 Referred to Veterans, Homeland Security and Mili-
tary Affairs/Referred to Real Property Taxation
2019-20: S.713 Referred to Veterans, Homeland Security and Military
Affairs
2017-18: S.2520B/A.8711A Passed Senate/Referred to Real Property Taxa-
Tion
2015-16: S.534/A.2635 Referred to Veterans, Homeland Security and Mili-
tary Affairs/Referred to Real Property Taxation
2013-14: S.6429/A.8134 Passed Senate/Referred to Real Property Taxation
2011-12:A.8058
2009-10: A.4030
2007-08: A.7610
 
FISCAL IMPLICATIONS:
To be determined.
 
EFFECTIVE DATE:
This act shall take effect immediately, and shall apply to assessment
rolls prepared on the basis of taxable status dates occurring on or
after January 1, 2027.