Allows the immediate family of a member of the armed forces killed in active duty to qualify for the alternate veterans exemption.
New York Senate Bill S03229 amends the real property tax law to include the immediate family of a member of the armed forces killed in active duty within the definition of "qualifying residential real property" for the alternate veterans exemption. This means that the primary residence of a Gold Star Family Member, defined as the parent, spouse, child, or sibling of a service member who died in the line of duty during a period of war, can qualify for this exemption.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.