Int 1051-2026

Proposed Int. No. 1051-A By Council Members Morano, Wong, Narcisse, De La Rosa, Brooks-Powers, Louis, Zhuang, Schulman, Hanks, Marte, Dinowitz, Hankerson, Ung, Won, Feliz, Banks, Wilson, Farías, Thomas-Henry, Gennaro, Maloney, Lee, Riley, Williams, Paladino, Ariola, Vernikov and Carr A Local Law to amend the administrative code of the city of New York, in relation to the alternative exemption for permanently and totally disabled veterans Be it enacted by the Council as follows: Section 1. Part 1 of subchapter 2 of chapter 2 of title 11 of the administrative code of the city of New York is amended by adding a new section 11-245.76 to read as follows: § 11-245.76 Alternative exemption for veterans; permanently and totally disabled veterans. Pursuant to subdivision 11 of section 458-a of the real property tax law, the city hereby provides that the primary residence of any seriously disabled veteran shall be fully exempt from taxation and special district charges, assessments and special ad valorem levies, provided that such veteran meets all other requirements of such section and such veteran has met at least 1 of the criteria set forth in paragraph (a) of such subdivision and the criterion set forth in paragraph (b) of such subdivision. § 2. This local law takes effect immediately. The commissioner of finance shall notify the New York state department of veterans’ services of the enactment of this local law no later than 30 days after it becomes law. RL LS #22150 11/2/2026 4:18 PM