This bill expands property tax exemptions for veterans living together in the same household. It adds up to a 7.5% exemption (capped at $6,000) for non-combat veterans sharing a home, and up to a 5% exemption (capped at $4,000) for veterans who served in combat zones. Local governments must adopt these provisions through public hearings and local ordinances to implement the additional tax breaks. The changes directly affect qualifying veterans living with other veterans and require local jurisdictions to formally approve the exemptions.
This bill expands the eligibility for real property tax exemptions to include veterans who served in designated combat zones or combat theaters. To qualify, veterans must provide proof of service through specific military documents, such as discharge papers, campaign medals, or records of receiving hostile fire pay. If approved, the property tax exemption will cover up to ten percent of the assessed value of their home, capped at a maximum dollar amount determined by state rates. The legislation applies immediately upon enactment and directly affects residential property owners who are eligible veterans.
Bill A 8401 proposes to subject certain state-owned lands to real property taxation specifically within Orange County. Currently, state lands acquired for reforestation purposes are exempt from county property taxes across the state. This bill would amend the real property tax law to remove that specific exemption for such lands located within Orange County. If enacted, it would allow Orange County to collect property taxes on these state reforestation lands for all purposes, including county purposes.
Permits local governments to extend the existing clergy residential property tax exemption to include clergy residing in co-ops; clarifies that the clergy property tax exemption shall not affect eligibility for certain other tax abatements.
Provides eligibility for a real property tax exemption for current or retired military reservists based on participation in formal training activities.
Authorizes a real property tax exemption for certain eligible reservists upon adoption of a local law, ordinance or resolution providing therefor; requires property of such eligible reservists to be the primary residence; requires such reservist must have retained active duty status for at least 90 consecutive days to claim such tax exemption.
This bill modifies property tax abatement rules to provide exemptions for households with a person with a disability. It sets specific income limits: $50,000 for general disability status, $29,000 for those receiving Social Security Disability Insurance (SSDI) or medical assistance, and federal SSI income thresholds for others. Households exceeding these limits lose eligibility for tax abatements. Municipalities with existing qualifying policies can continue using them without new legislation. (Note: The bill addresses property tax abatements, not rent increases, as clarified in the text.)
Provides that real property tax exemptions granted to real property owned by corporations or associations organized or conducted exclusively for hospital or for purposes related to the moral or mental improvement of men, women, or children and used exclusively for carrying out such purposes shall only be granted if the property owner can prove by clear and convincing evidence that each acre is actually used for such purpose at least 120 days a year.
Allows cities and towns to pass a local law or resolution, subject to permissive referendum, to allow a real property tax exemption for privately-owned, public use airports; provides the percentage of exemption would be specified in the law or resolution; provides the exemption would be limited to improvements to the airport used for takeoff, landing, taxiing and open air parking of aircraft, air navigation or communications facilities and passenger terminals available to the public without charge.
Includes land used for processing or retail merchandising of agricultural products within the real property tax exemption for land used in agricultural production.