BILL NUMBER: S7244
SPONSOR: LANZA
TITLE OF BILL:
An act to amend the real property tax law, in relation to the veterans'
real property tax exemption with respect to members of the reserves
PURPOSE:
Relates to eligibility for a real property tax exemption.for members of
the reserve.
SUMMARY OF PROVISIONS:
Section one amends subdivision 10 of section 458-a of the real property
tax law, as amended by section 83 of part PP of chapter 56 of the laws
of 2022.
Section two is the effective date.
JUSTIFICATION:
This bill allows military reservists who participated in formal training
activities as part of their service in the reserve to eligible for a
real property tax exemption.
LEGISLATIVE HISTORY:
2024: S.6017 - Refereed to Veterans, Homeland Security & Military
Affairs
2023: S.6017 - Refereed to Veterans, Homeland Security & Military
Affairs
FISCAL IMPLICATIONS:
None to the State. Local Option.
EFFECTIVE DATE:
This act shall take effect immediately.
Statutes affected: S7244: 458-a real property tax law, 458-a(10) real property tax law