New Vet Exemption Notice for All NYS Towns

Chapter 672 of the Laws of 2025 amended RPTL § 458-a by adding a new subdivision 11, creating an enhanced property tax exemption for a targeted subset of 100 percent service-connected disabled veterans. Chapter 77 of the Laws of 2026 was signed February 13, 2026. The 100 percent exemption is now MANDATORY statewide for all assessment rolls finalized after October 1, 2026 which, practically speaking, is required for 2027-2028 school taxes and 2028 town/county taxes for localities with a taxable status dates of March 1. For 2027 town/county taxes, the 100 percent exemption is available only in localities that opted in by March 1, 2026.

For a copy of our write-up on this new exemption, as it also appears in our March/April 2026 issue of Talk of the Towns, please click here.