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Bill > A03085


NY A03085

NY A03085
Relates to qualifying income for a property tax exemption for persons sixty-five years of age or over; increases the income limit to $35,000 beginning July 1, 2022.


summary

Introduced
01/22/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Relates to qualifying income for a property tax exemption for persons sixty-five years of age or over; increases the income limit to $35,000 beginning July 1, 2022.

AI Summary

This bill relates to qualifying income for a property tax exemption for persons 65 years of age or older. It increases the income limit from the current range of $3,000 to $29,000 to $35,000 beginning July 1, 2022. This change aims to provide additional financial relief for eligible senior homeowners by expanding the income threshold for the property tax exemption.

Committee Categories

Health and Social Services

Sponsors (2)

Last Action

referred to aging (on 01/05/2022)

bill text


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