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US Sen. Charles Schumer. File photo: Propublica, Creative Commons, some rights reserved
US Sen. Charles Schumer. File photo: Propublica, Creative Commons, some rights reserved

Schumer wants vets to get their NY property tax credit

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Thousands of veterans in New York are missing out on property tax breaks. Sen. Charles Schumer says that's largely because they don't know about them.

Schumer is trying to get the word out about a New York State program that can save veterans hundreds of dollars a year. He visited Herkimer County this week, where more than 6,000 veterans are eligible.

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He says vets don’t know about the tax credits — and local governments that distribute them aren’t alerted when a vet returns.

He wants the VA to bridge that disconnect with better outreach. Schumer says, "It will encourage our veterans; it will enable veterans to keep homes. It will encourage veterans to buy homes. It’s very good for the community."

The average savings for a vet is about $1,000. That increases based on how long the veteran served and if they were wounded in combat.

Not every state provides property tax benefits to their veterans. New York reimburses any tax revenue lost by local government.

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