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Who cares
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Sponsors
Senator · Senate District 38
2 Co-sponsors
History
- Referred to veterans, homeland security and military affairs
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to real property tax exemptions for veterans
In Assembly Committee · Veterans' Affairs · Sponsor Michael Cusick
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6780
Title of bill
An act to amend the real property tax law, in relation to veterans
Purpose
To permit school districts to offer the "eligible funds" veterans real property tax exemption, as provided in section 458 of the real property tax law.
Summary of provisions
Section 1. Amends paragraph 3 of subdivision 1 of section 458 of the real property tax law (RPT) to permit school districts to offer the "eligible funds" real property tax exemption to eligible veterans.
Sections 2-5 amend RPT § 458(5)(a), RPT § 458(5)(d)(ii), RPT 458(6)(a)(i) and RPT § 458(9) to make conforming changes.
Section 6. Effective date.
Existing law
School districts are currently precluded from offering this exemption to eligible veterans.
Justification
Currently, New York State property tax laws provide partial property tax exemptions to qualified veterans of the United States Military. Unfortunately, this exemption is not applicable to school taxes. Given the incredible sacrifices made by our military personnel, it is only fitting that we extend the veteran's property tax credits to school taxes.
Legislative history
New bill.
Local fiscal implications
To be determined.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.