Increases real property tax exemptions for combat veterans who are 100% permanently disabled.
TITLE OF BILL: An act to amend the real property tax law, in relation to real property tax exemptions for certain disabled veterans
PURPOSE: Relates to real property tax exemptions for disabled veterans.
SUMMARY OF SPECIFIC PROVISIONS:
Section one amends subdivision two of section 458-a of the real property tax law by adding a new paragraph (e).
Section two is the effective date.
JUSTIFICATION: This bill would provide real property tax exemptions for one hundred percent disabled veterans (or the unmarried surviving spouse of such veteran) who served in a combat theatre or combat zone of operations, as documented by the award of a United States campaign ribbon or service medal, armed forces expeditionary medal, navy expeditionary medal, marine corps expeditionary medal, or global war on terrorism expeditionary medal. The veteran must be one hundred percent disabled as a result of military service, and shall be one hundred percent exempt from real property taxation. This would reward these American heroes who are now disabled with a tax break, a much deserved exemption for these men and women who have sacrificed their health and wellbeing for the safety of our country.
LEGISLATIVE HISTORY: New bill.
FISCAL IMPLICATIONS: Undetermined.
EFFECTIVE DATE: This act shall take effect immediately and shall apply to assessment rolls prepared on and after January 1, 2012.
STATE OF NEW YORK ________________________________________________________________________ 6465 IN SENATE February 13, 2012 ___________Introduced by Sen. LANZA -- read twice and ordered printed, and when printed to be committed to the Committee on Veterans, Homeland Securi- ty and Military Affairs AN ACT to amend the real property tax law, in relation to real property tax exemptions for certain disabled veterans THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 2 of section 458-a of the real property tax law is amended by adding a new paragraph (e) to read as follows: (E) NOTWITHSTANDING THE PROVISIONS OF PARAGRAPHS (A), (B) AND (C) OF THIS SUBDIVISION A VETERAN, OR THE UNMARRIED SURVIVING SPOUSE OF SUCH VETERAN, WHO SERVED IN A COMBAT THEATRE OR COMBAT ZONE OF OPERATIONS, AS DOCUMENTED BY THE AWARD OF A UNITED STATES CAMPAIGN RIBBON OR SERVICE MEDAL, OR THE ARMED FORCES EXPEDITIONARY MEDAL, NAVY EXPEDITIONARY MEDAL, MARINE CORPS EXPEDITIONARY MEDAL, OR GLOBAL WAR ON TERRORISM EXPEDITIONARY MEDAL, AND WHO IS ONE HUNDRED PERCENT DISABLED AS A RESULT OF MILITARY SERVICE, SHALL BE ONE HUNDRED PERCENT EXEMPT FROM REAL PROP- ERTY TAXATION. THE LOCAL MAXIMUM EXEMPTION ALLOWANCE ADOPTED BY A LOCAL LAW PURSUANT TO PARAGRAPH (D) OF THIS SUBDIVISION SHALL NOT APPLY TO EXEMPTIONS OF ONE HUNDRED PERCENT DISABLED VETERANS. S 2. This act shall take effect immediately and shall apply to assess- ment rolls prepared on and after January 1, 2012.EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05902-02-2