Establishes a real property tax exemption for veterans with a 100 percent service connected disability

Local property tax relief for disabled veterans

New York counties, cities, towns, villages, and school districts can adopt a full property tax exemption for qualifying veterans' main homes. It also covers special district charges, assessments, and special ad valorem levies—additional charges based on property value. The exemption is available only where the local government adopts it by local law or resolution. Veterans must be permanently and totally disabled because of military service. They must also have both a 100 percent disability rating and an individual unemployability rating from Veterans Affairs. The law requires an honorable discharge or release, a state-defined qualifying condition, and state-defined discharged LGBT veteran status; bad-conduct or dishonorable discharges do not qualify. Veterans must be eligible for federal financial assistance, or have used that assistance to buy or modify housing with disability-related features or movable facilities. They must also meet the remaining requirements of New York's existing veterans property tax exemption law. The law takes effect immediately and applies to assessment rolls prepared on or after January 2, 2026.