Provides eligibility for a property tax exemption for ocean rescue squad members in certain municipalities.

This bill amends the real property tax law to provide a property tax exemption for enrolled members of a volunteer ocean rescue squad in certain municipalities. The exemption applies to real property owned by the member or the member and their spouse, provided the property is their primary residence and is used exclusively for residential purposes. The exemption is up to ten percent of the assessed value of the property. The exemption is contingent upon the governing body of the municipality adopting a local law, ordinance, or resolution.

Provides eligibility for a property tax exemption for ocean rescue squad members in certain municipalities.

This bill amends the real property tax law to provide a property tax exemption for enrolled members of a volunteer ocean rescue squad in certain municipalities. The exemption applies to real property owned by the member or the member and their spouse, provided the property is their primary residence and is used exclusively for residential purposes. The exemption is up to ten percent of the assessed value of the property. The exemption is contingent upon the governing body of the municipality adopting a local law, ordinance, or resolution.