STATE OF NEW YORK
________________________________________________________________________
3729
2025-2026 Regular Sessions
IN ASSEMBLY
January 30, 2025
___________
Introduced by M. of A. WILLIAMS -- read once and referred to the Commit-
tee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to establishing a
real property tax exemption for the surviving spouses of police offi-
cers killed in the line of duty
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The real property tax law is amended by adding a new
2 section 471 to read as follows:
3 § 471. Surviving spouses of police officers killed in the line of
4 duty. 1. After the local legislative body of a county, city, town, or
5 village passes a local law, or a school district passes a resolution,
6 notwithstanding any other provision of law, real property owned by a
7 surviving spouse of a police officer killed in the line of duty, and
8 constituting the primary residence of such surviving spouse shall be
9 exempt from taxation to the extent of fifty per centum of the assessed
10 valuation thereof. Within such local law or resolution, the local legis-
11 lative body or school district may reduce the percentage of exemption
12 authorized pursuant to this section.
13 2. As used in this section, the term "police officer" shall have the
14 same meaning as defined in section 1.20 of the criminal procedure law.
15 3. Notwithstanding any other provision of law to the contrary, the
16 provisions of this section shall apply to any real property held in
17 trust solely for the benefit of a person or persons who would otherwise
18 be eligible for a real property tax exemption, pursuant to subdivision
19 one of this section, were such person or persons the owner or owners of
20 such real property.
21 4. (a) For the purposes of this section, title to that portion of real
22 property owned by a cooperative apartment corporation in which a
23 tenant-stockholder of such corporation resides and which is represented
24 by their share or shares of stock in such corporation as determined by
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02742-02-5
A. 3729 2
1 its or their proportional relationship to the total outstanding stock of
2 the corporation, including that owned by the corporation, shall be
3 deemed to be vested in such tenant-stockholder.
4 (b) Provided that all other eligibility criteria of this section are
5 met, that proportion of the assessment of such real property owned by a
6 cooperative apartment corporation determined by the relationship of such
7 real property vested in such tenant-stockholder to such real property
8 owned by such cooperative apartment corporation in which such tenant-
9 stockholder resides shall be subject to exemption from taxation pursuant
10 to this section and any exemption so granted shall be credited by the
11 appropriate taxing authority against the assessed valuation of such real
12 property; the reduction in real property taxes realized thereby shall be
13 credited by the cooperative apartment corporation against the amount of
14 such taxes otherwise payable by or chargeable to such tenant-stockhold-
15 er.
16 (c) Notwithstanding paragraph (b) of this subdivision, a tenant-stock-
17 holder who resides in a dwelling that is subject to the provisions of
18 either article two, four, five or eleven of the private housing finance
19 law shall not be eligible for an exemption pursuant to this section.
20 (d) Notwithstanding paragraph (b) of this subdivision, real property
21 owned by a cooperative apartment corporation may be exempt from taxation
22 pursuant to this section by a municipality in which such real property
23 is located only if the governing body of such municipality, after public
24 hearing, adopts a local law, ordinance or resolution providing therefor.
25 5. The commissioner shall develop, in consultation with the commis-
26 sioner of the division of criminal justice services, a listing of docu-
27 ments to be used to establish eligibility under this section. Such
28 information shall be made available to each city, village, town, part
29 town, special district and county assessor's office. The listing of
30 acceptable records shall be made available on the internet websites of
31 the division of criminal justice services and the office of real proper-
32 ty tax services.
33 § 2. This act shall take effect on the first of January next succeed-
34 ing the date on which it shall have become a law and shall apply to
35 taxable status dates occurring on or after such date.
