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 an enrolled member or their spouse, residing in a town with a population between 28,370 and 28,400. The exemption is up to 10% 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.
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