Bill > S07335

This bill modifies the STAR (School Tax Relief) program's eligibility requirements for senior citizens, specifically addressing income calculation for enhanced exemptions. Currently, seniors can qualify for an enhanced property tax exemption based on their income. The bill expands the circumstances under which a senior can use a different tax year's income to determine eligibility, now including scenarios where the senior experiences a decrease in income due to the death of a spouse or upon retirement. The key change allows seniors to use their income from a subsequent tax year if that income would qualify them for the enhanced exemption, provided they file the appropriate tax return or documentation with the local assessor before the applicable tax status date. This modification provides more flexibility for seniors experiencing significant income changes, potentially making it easier for them to maintain property tax relief benefits. The bill will take effect immediately and apply to school years starting on or after the first of January following its enactment.

Budget and Finance, Health and Social Services

https://www.nysenate.gov/legislation/bills/2025/S7335