Shea Levin — text status

Some of New York City's most severely disabled military veterans will soon owe no property taxes on their homes under legislation the City Council is expected to pass Thursday, part of a veterans' package announced by Council Speaker Julie Menin. The bill would remove property taxes on the homes of veterans who are permanently and totally disabled because of their military service. Its sponsor, Frank Morano, says it would help about 4,500 veteran households and cost the city less than $5 million in lost revenue. A second bill would require annual reporting on veterans applying for Mitchell-Lama apartments.