New York 2025-2026 Regular Session

New York Senate Bill S03504

Introduced
1/28/25  
Refer
1/28/25  

Caption

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

Summary

Bill S03504 aims to amend the real property tax law in New York to provide a tax credit of up to four hundred dollars for qualifying veterans who have served in the military reserves or organized militia for at least ten years. The bill allows local governments to adopt laws to implement this tax relief, which can be applied to county, city, town, village, and special district taxes. Additionally, it includes provisions for non-remarried surviving spouses of reservists to receive the tax credit, thereby extending the benefit to families of veterans.

Impact

The bill will create a new section in the real property tax law, allowing local municipalities to offer tax credits specifically to veterans who meet the service requirements. This could lead to a significant reduction in property tax liabilities for qualifying veterans and their families, thereby enhancing financial support for those who have served in the military. The implementation of this bill may also require local governments to adjust their tax codes and budgets to accommodate the new tax credits.

Sentiment

The sentiment surrounding Bill S03504 appears to be supportive, as it seeks to honor and provide financial relief to veterans for their service. However, there may be concerns regarding the fiscal impact on local governments and the potential for unequal implementation across different municipalities, which could lead to disparities in benefits received by veterans depending on where they live.

Contention

Notable points of contention may arise from local governments' ability to adopt this tax credit, as some may argue that it could strain local budgets or lead to inequities in property tax relief among veterans based on geographic location. Additionally, there may be discussions about the eligibility criteria and whether ten years of service is an appropriate threshold for receiving such benefits.

Companion Bills

NY A02369

Same As Provides real property tax relief to veterans who have at least ten years of service in the U.S. armed forces or in the organized militia of the state of New York.

Previously Filed As

NY S02248

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

NY A02758

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

NY A02369

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

NY HB06442

An Act Concerning Various Measures Recognizing And Honoring The Military Service Of Veterans And Members Of The Armed Forces In Connecticut.

NY A08967

Renames the veterans' services law the veterans and military families law; renames the department of veterans' services the department of veterans and military families; requires the department of veterans and military families to provide certain services to military families.

NY A02507

Provides for the issuance of free hunting, fishing and trapping licenses to persons who are active or reserve members of the armed forces or the organized militia, and to honorably discharged veterans thereof who have ten or more years of military service.

NY S08790

Authorizes municipalities to offer a real property tax exemption for combat zone service members who at any time during the taxable year performed active duty in the armed forces in a combat zone; defines terms; makes related provisions.

NY A09489

Authorizes municipalities to offer a real property tax exemption for combat zone service members who at any time during the taxable year performed active duty in the armed forces in a combat zone; defines terms; makes related provisions.

NY S0625

Adds “space force” to the branches of the military included in various sections of general law regarding the veterans home, veterans cemetery and the power of armed forces officers to take acknowledgements.

NY SB895

Real property tax; surviving spouses of members of armed forces who died in line of duty.

Similar Bills

WA HB2443

Creating the armed forces reserve postsecondary education grant.

US HB162

National Digital Reserve Corps Act This bill establishes a National Digital Reserve Corps in the General Services Administration (GSA) to address the digital and cybersecurity needs of executive agencies. The GSA must establish standards for reservist eligibility and must ensure reservists have the necessary resources and security credentials for service. Reservists must agree to serve for three years and for at least 30 days per year as an active reservist, with up to $10,000 in annual compensation; reservists who fail to accept an offered appointment or complete required duties are subject to fines. The GSA may cover the costs of continuing education for reservists to support their service. The Department of Labor must issue regulations that ensure the reemployment, continuation of benefits, and nondiscrimination in reemployment of active reservists. In August 2021, President Joe Biden established the U.S. Digital Corps within the GSA to support the technological needs of executive agencies, including cybersecurity needs. The corps offers entry-level positions through two-year fellowships, with the option to convert to full-time career positions after completion of the fellowship.

IN HB1203

Reservist tuition supplement program.

MS SB2271

Mississippi Wireless Communication Commission; move to the Mississippi Emergency Management Agency.

IL HB2753

PROP TX-PAYMENTS

LA HB186

Authorizes a tax credit for certain employers of La. National Guard members and military reservists (EG -$5,000,000 GF RV See Note)

MA H3242

Establishing a property tax exemption for members of the National Guard

AZ HB2036

ASRS; temporary personnel service