Bill will require City to credit veteran homeowners for tax breaks lost because of a move
New York, NY – Today, City Council Speaker Christine C. Quinn, Council Member Vincent Ignizio, Finance Committee Chair Domenic M. Recchia, Jr. and Veterans Committee Chair Mathieu Eugene announced legislation to reform New York City’s Veterans’ Property Tax Exemption. Currently, veteran homeowners lose out on property tax breaks when they move within the five boroughs because of the way the City processes benefits.
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