Bill > A10291

This bill amends the Real Property Tax Law to raise the income eligibility threshold for senior citizens and disabled residents to receive a tax abatement. The bill increases the income eligibility limit from the current $50,000 to $75,000 beginning July 1, 2024. This change applies to both senior citizens aged 62 or older and individuals with disabilities who qualify under the law. The bill aims to provide property tax relief to a broader range of older and disabled residents in New York.

Health and Social Services

https://www.nysenate.gov/legislation/bills/2023/A10291