Bill > S03463

This bill modifies the School Tax Relief (STAR) program by providing additional flexibility for taxpayers who have not received their advance STAR credit payment by the end of the tax year. Specifically, the bill allows qualified taxpayers who have not received their advance credit payment by December 31st to apply for a STAR exemption within 30 days from the last day of the prior tax year or the applicable tax status date, whichever is later. For the 2025 tax year, taxpayers will have 30 days from the effective date of the law to apply. The bill also makes a minor technical change to the tax law, updating language about the commissioner's determination of credit eligibility and removing the phrase "as soon thereafter as practicable" from certain provisions. The STAR program is a New York state tax relief initiative designed to provide property tax exemptions or credits to eligible homeowners, and this amendment aims to give taxpayers more time to claim their benefits if they have not automatically received their advance payment.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S3463