Provides tax exemption for surviving spouses of firefighters killed in the line of duty.
This bill amends the real property tax law to exempt from taxation the primary residence of surviving spouses of firefighters killed in the line of duty. The exemption applies to 50% of the assessed valuation of the property. The exemption requires local legislative approval and is available to all uniformed fire ranks who are members of the New York City Fire Department Pension Fund or the New York State and Local Retirement System.
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