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File #: Int 0725-2026    Version: * Name: Authorizing a real property tax exemption for surviving spouses of police officers killed in the line of duty.
Type: Introduction Status: Committee
Committee: Committee on Finance
On agenda: 3/10/2026
Enactment date: Law number:
Title: A Local Law to amend the administrative code of the city of New York, in relation to authorizing a real property tax exemption for surviving spouses of police officers killed in the line of duty
Sponsors: Shaun Abreu
Council Member Sponsors: 1
Summary: This bill would provide an exemption from real property taxes for surviving spouses of police officers killed in the line of duty. Real property owned by a surviving spouse and constituting the primary residence of such spouse would be exempt up to 50% of the assessed valuation of the property. The exemption would be available beginning July 1, 2027.
Attachments: 1. Summary of Int. No. 725, 2. Int. No. 725, 3. Memorandum in Support, 4. March 10, 2026 - Stated Meeting Agenda

Int. No. 725

 

By Council Member Abreu

 

A Local Law to amend the administrative code of the city of New York, in relation to authorizing a real property tax exemption for surviving spouses of police officers killed in the line of duty

 

Be it enacted by the Council as follows:

 

Section 1. Part 1 of subchapter 2 of chapter 2 of title 11 of the administrative code of the city of New York is amended by adding a new section 11-245.12 to read as follows:

§ 11-245.12 Exemption for surviving spouses of police officers killed in the line of duty. a. Pursuant to subdivision 1 of section 471 of the real property tax law, the city hereby authorizes real property owned by a surviving spouse of a police officer killed in the line of duty and constituting the primary residence of such surviving spouse to be exempt from taxation to the extent of fifty per centum of the assessed valuation thereof in accordance with such section and this section beginning July first, two thousand twenty-seven.

b. Pursuant to paragraph (d) of subdivision 4 of section 471 of the real property tax law, the city hereby authorizes real property owned by a cooperative apartment corporation to be exempt from taxation pursuant to such section and this section beginning July first, two thousand twenty-seven.

§ 2. This local law takes effect immediately.

 

LS #22248

2/24/2026