26-192 : Nowakowski - Supporting Opting into Veterans’ Property Tax Exemption

This resolution supports the City of Buffalo opting into a new New York State real property tax exemption for veterans with a 100 percent service-connected disability. This exemption, established by state legislation (S.1183/A74), is applicable to assessment rolls prepared after January 2, 2026. The exemption is not automatic and requires local municipalities to adopt a local law to opt in. The resolution directs the Corporation Council to draft such a local law and requests the Department of Assessment and Taxation to implement the exemption upon adoption. This measure aims to support veterans facing significant housing stability challenges due to severe and permanent service-connected disabilities.