Attorney General Schneiderman to introduce Military Property Tax Benefit

Last week, Attorney General Eric Schneiderman announced his intent to introduce legislation that would increase the tax benefit received by New York’s active military men and women and their families. Titled the "Tax Relief for Active Military Service Act," the bill would allow state residents who serve on active duty, or their spouses, to apply for a tax exemption on 10 percent of the assessed value of their homes.

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