What's happening
This bill raises the income cap for senior citizens to qualify for the enhanced STAR property tax exemption in New York.
Why it matters
Expands eligibility for property tax relief. By raising the income cap, more senior citizens will now qualify for the enhanced STAR exemption, potentially easing financial burdens for a larger group of older homeowners.
Adjusts for different tax filing statuses. The bill introduces separate, higher income limits for those filing as "single/head of household" ($83,300) and "joint" ($166,600), making the exemption more inclusive for married couples and reflecting differences in household finances.
Targets timely tax relief. The exemption eligibility is now based on income from the tax year immediately preceding the application, ensuring that recent changes in a senior’s financial situation are considered rather than relying on outdated income data.
Maintains safeguards against misuse. The requirement that all property owners must file taxes jointly remains, preventing potential loopholes where owners could otherwise manipulate filing status to gain eligibility.
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Who cares
Headline styles
Raise Senior Tax Relief Cap
Plain English, a few words. Used as the page title.
Sponsors
History
- Enacting clause stricken
- Referred to real property taxation
- Referred to real property taxation
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1961
2017-2018 Regular Sessions
IN ASSEMBLY
January 17, 2017
Introduced by M. of A. MAYER, BRINDISI, SANTABARBARA, JEAN-PIERRE, MAGEE -- read once and referred to the Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to increasing the income cap for senior citizens applying for the enhanced STAR property tax exemption
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subparagraph (i) of paragraph (b) of subdivision 4 of section 425 of the real property tax law is amended by adding a new clause (B-1) to read as follows:
(B-1) For final assessment rolls to be completed in two thousand eighteen, eligibility for the exemption shall be based upon income for the income tax year immediately preceding the date of making application for the exemption, and the income standard shall be eighty-three thousand three hundred dollars for applicants filing tax returns with a filing status designated as "single" or "head of household" and one hundred sixty-six thousand six hundred dollars for applicants filing tax returns with a filing status designated as "joint"; provided, however that nothing in this clause shall be construed to eliminate the requirements of this section that all owners of the property shall file taxes jointly.
§ 2. This act shall take effect immediately and shall apply to all tax years commencing on or after it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02682-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.