Provides for a partial exemption from taxation of certain residential real property transferred by a governmental entity, nonprofit housing organization, land bank or community land trust to low-income households; sets forth conditions for the discontinuance of such exemption.
This bill provides a 10% property tax exemption on primary residences for volunteer firefighters and ambulance workers in Westchester County who meet specific criteria. To qualify, applicants must have served at least five years with an incorporated volunteer fire or ambulance service in the county, reside in the service area, and own their primary home used exclusively for residential purposes. Long-term volunteers with 20+ years of service and those permanently disabled due to duty-related injuries also qualify for the exemption for life or during disability, respectively. The exemption applies to local taxes (city, town, school district, etc.) but does not reduce existing benefits for current recipients.
Amends the real property tax exemption for surviving spouses of volunteer firefighters or volunteer ambulance workers killed in the line of duty to permit continuation of such exemption for volunteer members with service between two and five years.
This bill allows local governments (counties, cities, towns, villages, or school districts) to grant a 100% exemption from real property taxes to veterans who served in combat and are 100% permanently disabled due to military service, or to their unmarried surviving spouses. It directly affects eligible disabled veterans and their surviving spouses by potentially eliminating their property tax burden. The key provision lets localities choose to provide this full exemption, overriding any existing local limits on property tax exemptions. The exemption applies to property tax assessments starting January 1, 2025.
Authorizes municipalities to offer a real property tax exemption for active military service members who at any time during the taxable year performed active duty in the armed forces in a combat zone; defines terms; makes related provisions.
Increases the amount of income property owners may earn for the purpose of eligibility for the property tax exemption for persons over sixty-five years of age; increases such amount to $75,000.
Grants a $100,000 real property tax exemption to conservation clubs and rod and gun clubs owning land acquired prior to January 1, 2025, having an assessed value of $500,000 or less.
Authorizes the town of Smithtown assessor to accept an application for a real property tax exemption from Tiegerman Community Services, Inc. for the 2023-2024 assessment rolls.
This bill creates a property tax exemption for the primary residence of New York veterans with a 100% service-connected disability. To qualify, veterans must have an honorable discharge, a VA/DoD rating of 100% disability due to military service, or be rated individually unemployable due to service-related conditions. The exemption covers all real property taxes, special district charges, and assessments on their primary home. The law takes effect for tax assessments starting January 2, 2026.
Provides that the cap on assessment increases for class one dwellings shall not apply to dwellings assessed at over three million dollars where the owners have a gross household income not exceeding $250,000.
