NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A3379A
SPONSOR: Cusick (MS) TITLE OF BILL: An act to amend the real property tax law, in relation
to authorizing school districts to grant an exemption to Cold War veter-
ans
PURPOSE OR GENERAL IDEA OF BILL:
To authorize the governing body of a school district to grant eligible
Cold War veterans an exemption from school taxes.
SUMMARY OF SPECIFIC PROVISIONS:
Section 1-3: Amends subdivision 2 of section 458-b of the real property
tax law. Section 4: Effective Date.
JUSTIFICATION:
Sections 458-a and 458-b of the Real Property Tax law provides
exemptions for real property taxation for qualified residential real
property owned by certain veterans. Section 458-a is available to veter-
ans of defined periods of war, veterans who received expeditionary
medals or certain members of their family. Section 458-b provides a
real property tax exemption for Cold War veterans or certain members of
their family.
Chapter 518 of the Laws of 2013 amended Section 458-a to authorize the
governing body of a school district to grant those veterans an alterna-
tive exemption from school taxes. However, Chapter 518 did not amend
Section 458-b and as a result Cold War veterans are not able to receive
a similar exemption from their school taxes. This legislation simply
seeks to correct this discrepancy and extend to Cold War veterans the
same benefits offered to other veterans.
PRIOR LEGISLATIVE HISTORY:
2014: A.8694 - Passed Assembly; S.6468 - Died in Veterans, Homeland
Security and Military Affairs.
FISCAL IMPLICATIONS:
To be determined.
EFFECTIVE DATE:
Immediately.
