Provides real property tax relief to veterans with at least ten years of service in the U.S. armed forces or New York's organized militia.

This bill amends the real property tax law to provide up to $400 in tax relief for qualifying residential real property owned by veterans with at least ten years of service in the U.S. armed forces or New York's organized militia. Municipalities may adopt local laws to offer this tax credit, which applies to county, city, town, village, and special district taxes. The tax credit can be combined if the property is owned by multiple qualified owners. The commissioner of taxation and finance will develop a uniform application for local assessors to use for this tax credit.

Provides real property tax relief to veterans with at least ten years of service in the U.S. armed forces or New York's organized militia.

This bill amends the real property tax law to provide up to $400 in tax relief for qualifying residential real property owned by veterans with at least ten years of service in the U.S. armed forces or New York's organized militia. Municipalities may adopt local laws to offer this tax credit, which applies to county, city, town, village, and special district taxes. The tax credit can be combined if the property is owned by multiple qualified owners. The commissioner of taxation and finance will develop a uniform application for local assessors to use for this tax credit.