350 Old Country Road, Suite 205, Garden City, NY 11530
877-791-8076 / StoberLaw.com
Long Island school
districts are deciding if they should enact a new property tax exemption to
assist veterans. The tax exemption
applies to veterans who have served in wartime.
However, school board officials were not made aware of the law until
late January or February. They are concerned that they do not have a full understanding of the impact the
law will have on non-veteran taxpayers.
This new tax exemption
differs from STAR because it does not reimburse districts that lose revenue
from the veterans’ exemptions. Many
school officials are concerned that the decision forces the board to favor one
group of tax payers over another. A
public hearing is held before voting on whether to grant exemptions to veterans
who served during a war. Schools boards
also have the option of granting partial exemptions, depending on what
non-veteran residents can afford.
 |
| Source: Wikimedia |
In Nassau County, 37 of
54 school districts have approved the exemptions.
Read more about the towns that have approved the new law in Newsday.
The Law
Offices of Louis D. Stober Jr. are
experienced in comprehensive legal cases, including employment law. Our
experience, combined with our successful track record makes us Long Island’s
premier law firm. Contact our office for a consultation by calling
877-791-8076. You can also like us on Facebook and follow us on Twitter for the latest news stories and legal tips.
