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A2383 • 2025

Relates to raising the income cap for senior citizens applying for the enhanced STAR property tax exemption

Relates to raising the income cap for senior citizens applying for the enhanced STAR property tax exemption

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Jerett Gandolfo
Last action
2026-05-12
Official status
In Assembly Committee
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Relates to raising the income cap for senior citizens applying for the enhanced STAR property tax exemption

Relates to raising the income cap for senior citizens applying for the enhanced STAR property tax exemption Relates to raising the income cap for senior citizens applying for the enhanced STAR property tax exemption to $120,000.

What This Bill Does

  • Relates to raising the income cap for senior citizens applying for the enhanced STAR property tax exemption Relates to raising the income cap for senior citizens applying for the enhanced STAR property tax exemption to $120,000.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-05-12 Assembly

    HELD FOR CONSIDERATION IN REAL PROPERTY TAXATION

  2. 2026-01-07 Assembly

    REFERRED TO REAL PROPERTY TAXATION

  3. 2025-01-16 Assembly

    REFERRED TO REAL PROPERTY TAXATION

Official Summary Text

Relates to raising the income cap for senior citizens applying for the enhanced STAR property tax exemption
Relates to raising the income cap for senior citizens applying for the enhanced STAR property tax exemption to $120,000.

Current Bill Text

Read the full stored bill text
S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          2383

                               2025-2026 Regular Sessions

                                  I N  A S S E M B L Y

                                    January 16, 2025
                                       ___________

        Introduced  by  M.  of  A.  GANDOLFO, DURSO, SMULLEN, MANKTELOW, GIGLIO,
          JENSEN, DeSTEFANO, ANGELINO, McDONOUGH, GALLAHAN, MIKULIN,  PIROZZOLO,
          BEEPHAN,  BROOK-KRASNY  -- Multi-Sponsored by -- M. of A. BLANKENBUSH,
          BRABENEC, COLTON,  COOK,  DiPIETRO,  HAWLEY,  MILLER,  PALMESANO,  RA,
          ROZIC,  STECK -- read once and referred to the Committee on Real Prop-
          erty Taxation

        AN ACT to amend the real property tax law, in relation  to  raising  the
          income cap for senior citizens applying for the enhanced STAR property
          tax exemption

          THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section 1. Subparagraph (i) of  paragraph  (b)  of  subdivision  4  of
     2  section  425  of  the  real  property tax law is amended by adding a new
     3  clause (B-1) to read as follows:
     4    (B-1) FOR FINAL ASSESSMENT ROLLS TO BE COMPLETED IN TWO THOUSAND TWEN-
     5  TY-FOUR, ELIGIBILITY FOR THE EXEMPTION SHALL BE BASED  UPON  INCOME  FOR
     6  THE INCOME TAX YEAR IMMEDIATELY PRECEDING THE DATE OF MAKING APPLICATION
     7  FOR  THE  EXEMPTION, AND THE INCOME STANDARD SHALL BE ONE HUNDRED TWENTY
     8  THOUSAND DOLLARS.
     9    § 2. This act shall take effect immediately and shall apply to all tax
    10  years commencing on or after such date.




         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04555-01-5