What's happening
This bill raises the income cap to $100,000 for senior citizens applying for the enhanced STAR property tax exemption in New York.
Why it matters
Expanding eligibility for seniors. By raising the income cap to $100,000, more senior citizens—especially those with moderate incomes previously excluded—will now qualify for the enhanced STAR exemption, potentially reducing their property tax burden.
Direct impact on household budgets. Eligible seniors could see significant savings on their annual property taxes, freeing up income for essentials like healthcare, housing, and daily living expenses.
Targeting financial need more effectively. The bill bases eligibility on income from the most recent tax year, ensuring that the exemption reflects current financial situations rather than outdated income data.
Potential effects on local tax revenues. As more households qualify for the exemption, municipalities and school districts may experience reduced property tax collections, possibly affecting funding for local services unless offset by state reimbursements.
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Who cares
Headline styles
Raise Senior Tax Exemption Limit
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
23 Multi-sponsors
- Kenneth Blankenbush
- Karl Brabenec
- William Colton
- Vivian Cook
- Clifford Crouch
- David DiPietro
- Gary Finch
- Joseph Giglio
- Andrew Goodell
- Stephen Hawley
- Ellen C. Jaffee
- Peter Lawrence
- David McDonough
- Brian D. Miller
- Michael Montesano
- Philip Palmesano
- Anthony H. Palumbo
- Victor M. Pichardo
- Edward Ra
- Andrew Raia
- Nily Rozic
- Phil Steck
- Fred Thiele
History
- 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
4804
2019-2020 Regular Sessions
IN ASSEMBLY
February 5, 2019
Introduced by M. of A. GARBARINO -- Multi-Sponsored by -- M. of A. BLANKENBUSH, BRABENEC, COLTON, COOK, CROUCH, DiPIETRO, FINCH, GIGLIO, GOODELL, HAWLEY, JAFFEE, LAWRENCE, McDONOUGH, B. MILLER, MONTESANO, PALMESANO, PALUMBO, PICHARDO, RA, RAIA, ROZIC, STECK, THIELE -- read once and referred to the Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to raising 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 twenty, 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 one hundred thousand dollars.
§ 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.
LBD08357-01-9
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.