NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A9448
SPONSOR: Pheffer Amato TITLE OF BILL:
An act to amend the real property tax law, in relation to a real proper-
ty tax exemption for veterans who have a one hundred percent service
connected disability; and to amend a chapter of the laws of 2025 amend-
ing the real property tax law relating to establishing a real property
tax exemption for veterans who have a one hundred percent service
connected disability, as proposed in legislative bills numbers S. 1183
and A. 74, in relation to the effectiveness thereof.
PURPOSE OR GENERAL IDEA OF BILL:
The purpose of this bill is to effectuate an amendment to Chapter 672 of
the Laws of 2025 (approval memo 53) related to a real property tax
exemption for veterans who have a one-hundred percent service-connected
disability.
SUMMARY OF PROVISIONS:
Section one:
*Exempts qualifying veterans with a one-hundred percent service-connect-
ed disability from property taxes in localities that have passed a local
law adopting Section 458-a of the Real Property Tax Law.
*Establishes that the taxable assessed value of a property receiving
this exemption cannot be reduced below zero.
Section two:
*Establishes that this exemption shall apply to assessment rolls based
on taxable status dates after October 1st, 2026.
Section Three is the effective date.
JUSTIFICATION:
This chapter makes amendments to implement Chapter 672 of the Laws of
2025.
PRIOR LEGISLATIVE HISTORY:
This bill is a chapter amendment to Chapter 672 of the Laws of 2025.
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
None.
EFFECTIVE DATE:
This act shall take effect immediately; provided, however, that section
one of this act shall take effect on the same date and in the same
manner as chapter 672 of the Laws of 2025 amending the real property tax
law relating to establishing a real property tax exemption for veterans
who have a one hundred percent service connected disability, as proposed
in legislative bills numbers S. 1183 and A. 74, takes effect.
STATE OF NEW YORK
________________________________________________________________________
9448
IN ASSEMBLY
January 6, 2026
___________
Introduced by M. of A. PHEFFER AMATO -- read once and referred to the
Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to a real proper-
ty tax exemption for veterans who have a one hundred percent service
connected disability; and to amend a chapter of the laws of 2025
amending the real property tax law relating to establishing a real
property tax exemption for veterans who have a one hundred percent
service connected disability, as proposed in legislative bills numbers
S. 1183 and A. 74, in relation to the effectiveness thereof
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 11 of section 458-a of the real property tax
2 law, as added by a chapter of the laws of 2025 amending the real proper-
3 ty tax law relating to establishing a real property tax exemption for
4 veterans who have a one hundred percent service connected disability, as
5 proposed in legislative bills numbers S. 1183 and A. 74, is amended to
6 read as follows:
7 11. [A county, city, town, village or school district may adopt a
8 local law or resolution to include] In addition to any other exemption
9 from taxation on real property which may be allowed to veterans pursuant
10 to the provisions of this chapter, including subdivision three of
11 section four hundred fifty-eight of this title, the primary residence of
12 any seriously disabled veteran who:
13 (a)(i) was discharged or released therefrom under honorable condi-
14 tions;
15 (ii) has a qualifying condition, as defined in section one of the
16 veterans' services law, and has received a discharge other than bad
17 conduct or dishonorable from such service; or
18 (iii) is a discharged LGBT veteran, as defined in section one of the
19 veterans' services law, and has received a discharge other than bad
20 conduct or dishonorable from such service; and
21 (b) (i) is considered to be permanently and totally disabled as a
22 result of military service;
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00391-04-6
A. 9448 2
1 (ii) is rated one hundred percent disabled by the United States
2 department of veterans affairs;
3 (iii) has been rated by the United States department of veterans
4 affairs as individually unemployable; and
5 (iv) who is eligible for pecuniary assistance from the United States
6 government, or has received pecuniary assistance from the United States
7 government and has applied such assistance toward the acquisition or
8 modification of a suitable housing unit with special features or movable
9 facilities made necessary by the nature of the veterans' disability, and
10 the necessary [law] land therefor shall be fully exempt from taxation
11 and special district charges, assessments and special ad valorem levies,
12 provided that such veteran meets all other requirements of this section.
13 In no case shall the taxable assessed value of the property of a quali-
14 fying veteran be reduced below zero. Nothing contained herein shall be
15 construed to require or authorize the discontinuance of any exemption
16 granted pursuant to subdivision three of section four hundred fifty-
17 eight of this title.
18 § 2. Section 2 of a chapter of the laws of 2025 amending the real
19 property tax law relating to establishing a real property tax exemption
20 for veterans who have a one hundred percent service connected disabili-
21 ty, as proposed in legislative bills numbers S. 1183 and A. 74, is
22 amended to read as follows:
23 § 2. This act shall take effect immediately and shall apply to assess-
24 ment rolls [prepared] based on taxable status dates occurring on and
25 after [January 2] October 1, 2026.
26 § 3. This act shall take effect immediately; provided, however, that
27 section one of this act shall take effect on the same date and in the
28 same manner as a chapter of the laws of 2025 amending the real property
29 tax law relating to establishing a real property tax exemption for
30 veterans who have a one hundred percent service connected disability, as
31 proposed in legislative bills numbers S. 1183 and A. 74, takes effect.
