What's happening
This bill allows local governments in New York to extend Cold War veteran property tax exemptions to veterans who served under the federal Reserve Forces Act of 1955.
Why it matters
Expands local authority. By letting counties, cities, towns, and villages decide whether to include Reserve Forces Act of 1955 veterans in their property tax exemption laws, the bill gives local governments more power to define who qualifies for Cold War veteran benefits.
Addresses overlooked service. Veterans who served specifically under the Reserve Forces Act of 1955 were previously not always eligible for “Cold War veteran” tax exemptions, so this bill helps recognize and honor a broader group of Cold War-era service members.
May increase local participation. Local governments that choose to adopt this change could see more veterans applying for property tax relief, potentially impacting local tax rolls and requiring adjustments in municipal budgets or planning.
Immediate impact for eligible veterans. The bill takes effect quickly, so qualifying veterans could benefit from tax relief as soon as the next assessment cycle, providing timely financial support to those who may have been excluded before.
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Who cares
Headline styles
Tax Breaks for Cold War Vets
Plain English, a few words. Used as the page title.
Sponsors
15 Co-sponsors
History
- Referred to real property taxation
- Referred to real property taxation
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.
Tax Breaks for Cold War Vets
In Senate Committee · Veterans, Homeland Security And Military Affairs · Sponsor Kenneth P. LaValle
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
S. 3230 A. 2624
2017-2018 Regular Sessions
SENATE - ASSEMBLY
January 20, 2017
IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered printed, and when printed to be committed to the Committee on Veterans, Homeland Security and Military Affairs
IN ASSEMBLY -- Introduced by M. of A. ENGLEBRIGHT, COLTON, ROSENTHAL, RAIA, KEARNS, SANTABARBARA, STEC, MOSLEY, GUNTHER, ZEBROWSKI, SIMANOW- ITZ, COOK, DiPIETRO, GRAF, FINCH, SEPULVEDA, HOOPER, M. G. MILLER, GALEF -- Multi-Sponsored by -- M. of A. ABBATE, LALOR, McKEVITT, PALMESANO, RA, RIVERA, THIELE -- read once and referred to the Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to granting municipalities the authority to provide real property tax exemptions for certain cold war veterans
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 458-b of the real property tax law is amended by adding a new subdivision 9 to read as follows:
9. A county, city, town, or village may adopt a local law to include a male or female veteran who served under the federal Reserve Forces Act of 1955, Public Law 305, 84th Congress (69 Stat. 598) during the Cold War period within the definition of "cold war veteran" as provided in paragraph (a) of subdivision one of this section provided that such veterans meet all other qualifications under the provisions of this section.
§ 2. This act shall take effect immediately and shall apply to assessment rolls on the basis of taxable status dates occurring on or after the second day of January next succeeding the date on which this act shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03576-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.