Relates to allowing municipalities to accept retroactive applications for real property tax exemptions from certain veterans

This bill allows New York municipalities to accept retroactive applications for real property tax exemptions from veterans who already qualify but missed the original filing deadline. It directly affects veterans who were eligible for exemptions but didn’t submit applications by the required taxable status date. The key provision lets local governments (after public hearings) permit veterans to apply retroactively for up to three years of missed exemptions, provided they would have qualified if they’d filed on time. The law amends tax code sections to enable this process without requiring new eligibility reviews.