New York A06284 provides a tax exemption for real property owned by active military members and their spouses.

New York A06284 amends the real property tax law to exempt real property owned by active military members and their spouses from taxation. The exemption applies to 15% of the assessed value of the property, subject to local law adoption and a maximum exemption of $12,000. The exemption requires the property to be the primary residence of the military member and their spouse, and the military member must have been certified as active for at least four years.

New York A06284 provides a tax exemption for real property owned by active military members and their spouses.

New York A06284 amends the real property tax law to exempt real property owned by active military members and their spouses from taxation. The exemption applies to 15% of the assessed value of the property, subject to local law adoption and a maximum exemption of $12,000. The exemption requires the property to be the primary residence of the military member and their spouse, and the military member must have been certified as active for at least four years.