Local

Proposed bill would give tax break to active duty family members

Proposed bill would give tax break to active duty family members

ALBANY, N.Y. (AP) — A lucrative property tax break for veterans could be extended to New York families with a member on active duty.

The Tax Relief for Active Military Service bill would allow active duty service members or their spouses to benefit from a 10 percent tax exemption based on the assessed value of their home. The exemption would be capped at $10,000 for most homes.

Currently, families can only get the tax break once a member leaves military service.

Attorney General Eric Schneiderman, who’s pushing the bill, says Thursday there are nearly 25,000 people living in New York on active duty.

The organization Iraq and Afghanistan Veterans of America supports the measure.

The bill already had several sponsors in the state Legislature, which could consider it as early as January.

 

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More Local Headlines

today in Local

Fire crews battle early morning blaze on W. Main St. in Dryden

Dryden Fire overnight

Fire crews were called to a house fire at 76 West Main Street in Dryden around 1:30 Friday morning.

yesterday in Local

I-81 over Preble Road reduced to one lane

road_construction

A portion of I-81 over Preble Road in Cortland County will be reduced to one lane starting next week.

yesterday in Local

Tioga Downs announces plans for expansion

casino

The owners of the Tioga Downs Casino announced their expansion plans Thursday.

yesterday in Local

Ithaca Police warn of NYSEG, Craigslist scams

Local_News

One month after Ithaca Police started warning residents about a variety of scams, the department says they’re still receiving many complaints.

yesterday in Local

NY jobless rate up slightly in March to 6.9 percent

Local_News

The state labor department says the unemployment rate was up slightly to 6.9 percent in March.