New York A08316 proposes a supplemental property tax exemption for veterans and certain un-remarried spouses of deceased veterans.
New York A08316 amends the real property tax law to establish a supplemental property tax exemption for veterans and certain un-remarried spouses of deceased veterans. The exemption applies to up to 10% of the assessed value of the property, provided the governing body of the local municipality adopts a local law, ordinance, or resolution after a public hearing. The exemption is not available to veterans already receiving other property tax benefits.
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