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Bill

A 4110

Provides for the application of the veterans' real property tax exemptions in the city of New York

2025 Regular Session Introduced by Joe DeStefano and 2 co-sponsors

Bill A 4110 enhances real property tax exemptions for New York City veterans, streamlining applications and broadening eligibility to ease financial burdens.

REFERRED TO VETERANS' AFFAIRS
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Bill Summary · A 4110

Summary of Bill A 4110

Bill Overview

  • Bill Number: A 4110
  • Title: Provides for the application of the veterans' real property tax exemptions in the city of New York
  • Status: Referred to Veterans' Affairs
  • Introduced On: January 31, 2025
  • Classification: Bill

Purpose and Intent

Bill A 4110 aims to enhance the application of real property tax exemptions specifically for veterans residing in New York City. The legislation seeks to ensure that veterans receive the financial benefits they are entitled to, thereby supporting their reintegration into civilian life and alleviating some of the financial burdens associated with property ownership.

Key Provisions

  • Real Property Tax Exemptions: The bill proposes to clarify and expand the existing framework for veterans' real property tax exemptions within New York City. This includes:
    • Streamlining the application process for veterans to claim their exemptions.
    • Ensuring that the exemptions are accessible to a broader range of veterans, including those with varying service records and disabilities.
    • Providing guidance on the documentation required for veterans to qualify for these exemptions.

Affected Parties

  • Veterans: The primary beneficiaries of this bill are veterans living in New York City who own real property. The bill is designed to provide them with financial relief through tax exemptions.
  • Local Government: The implementation of this bill may require adjustments in how local governments administer property tax exemptions, potentially impacting revenue collection and budgeting.

Procedural Aspects

  • Legislative Action: As of January 31, 2025, the bill has been referred to the Veterans' Affairs committee for further consideration. This step is crucial for the bill's progression through the legislative process.
  • Related Legislation: Bill A 4110 is linked to several prior-session bills (S 3853, S 3872, S 6523, S 6192, S 2587, S 5617, A 9217) and has a companion bill (S 7084) that may address similar issues regarding veterans' benefits.

Conclusion

Bill A 4110 represents a significant effort to support veterans in New York City by enhancing their access to real property tax exemptions. By clarifying and expanding the eligibility criteria and application process, the bill aims to provide meaningful financial assistance to those who have served in the military. The next steps will involve committee review and potential amendments before it can be voted on by the full legislature.

Compiled from official sources — confirm details with the bill’s official record.

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