Establishes a property tax exemption for police officers who serve in the state of New York

This bill would create a property tax exemption for New York police officers who live in the state. It allows local governments to exempt up to 15% of a qualified officer's primary residence value from property taxes, capped at $12,000 or the equivalent based on state tax rates. Officers must apply annually using a state-provided form and refile each year. The exemption excludes school taxes and applies only to residential property used exclusively for living. The bill is currently pending in the Local Government committee (referenced April 3, 2025).