Bill
Bill > A03085
NY A03085
NY A03085Relates 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
01/22/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/A3085 | 01/23/2021 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A03085&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A03085 | 01/23/2021 |
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