Authorizes real property tax exemptions for clinicians in shortage areas.

New York S07036 allows real property taxing jurisdictions to grant partial tax exemptions for primary residences of clinicians in designated shortage areas. The exemption lasts up to five years and cannot exceed 35% of the property's assessed value. Local laws or resolutions can set additional conditions. The bill also provides state aid to taxing jurisdictions for the tax savings provided to clinicians.

Authorizes real property tax exemptions for clinicians in shortage areas.

New York S07036 allows real property taxing jurisdictions to grant partial tax exemptions for primary residences of clinicians in designated shortage areas. The exemption lasts up to five years and cannot exceed 35% of the property's assessed value. Local laws or resolutions can set additional conditions. The bill also provides state aid to taxing jurisdictions for the tax savings provided to clinicians.