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 This material may not be published, broadcast, rewritten or redistributed.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

in Local

State lawmakers approve delay in electronic prescriptions

Fresh
health

Lawmakers say federal approvals still aren't in place for many doctors

in Local

Police seek suspect in sexual assault near Cornell campus

Fresh
cornell police

Incident occurred around 12:30 a.m. Saturday

in Local

Police investigate series of Southern Tier thefts

crime2

They say the men have stolen from at least three local towns.

in Local

Gas leak causes chaos in Auburn

firetruck

Underground explosions sent manhole covers flying and filled buildings with gas.

in Local

New evidence in Charles Tan case

tan

Defense lawyers say Tan's father may have been dead before alleged murder.