New York 2025-2026 Regular Session

New York Assembly Bill A10154

Introduced
2/12/26  

Caption

Relates to adjusting the STAR credit depending on the age of a person from sixty-five years of age to eighty-five years of age and older.

Impact

If enacted, A10154 would directly impact the calculation of the STAR exemptions by ensuring that the age of the property owner is a factor in determining their eligibility and the amount of the exemption received. This amendment is expected to place a heavier emphasis on providing tax relief to older adults, thus allowing for a more equitable treatment of senior residents in property tax burdens throughout New York State. Additionally, the bill is positioned to benefit local economies by helping senior homeowners retain their homes and manage costs associated with housing.

Summary

Bill A10154 aims to amend the Real Property Tax Law to introduce age-adjusted increases to the school tax relief (STAR) exemption for both basic and enhanced STAR recipients. The bill proposes that property owners aged 65 years and older will receive additional percentages of exemption based on their age, intended to provide greater financial relief to older homeowners. The adjustments proposed include a range of increases that scale with age, from 10% for those aged 65-69 to 50% for those aged 85 and over. This shift intends to address the growing financial burden on senior citizens regarding property taxes.

Contention

However, there are notable points of contention surrounding A10154. Critics may argue that while the intent is to support the elderly, the bill could place an additional financial strain on municipal budgets, which depend heavily on property taxes. There may be concerns about the long-term sustainability of funding these exemptions as a growing aging population could contribute to increasing costs over time. Additionally, discussions around the bill may highlight differing opinions on whether tax incentives should be adjusted exclusively based on age, and whether this effectively addresses the diverse financial needs across different demographics within the state.

Companion Bills

No companion bills found.

Previously Filed As

NY SB651

Exempts persons aged sixty-five or older from income tax

NY A10625

Allows a municipality to pass a local resolution to extend the taxable status exemption filing date to match such municipality's grievance date for persons sixty-five years of age or older.

NY S09715

Clarifies that only persons eighteen years of age and older may be sentenced to life imprisonment without parole.

NY H8025

Allows the town of Tiverton to authorize, by ordinance, a real estate tax credit for seniors over the age of sixty-five (65) years.

NY SB131

To Confirm The Law Related To The Assessment Of A Homestead Belonging To A Person With A Disability Or A Person Sixty-five Years Of Age Or Older.

NY S03314

Provides that a member with credited service in excess of twenty-five years shall receive an additional retirement allowance equal to one-sixtieth of such member's final average salary for each year of creditable service in excess of twenty-five years; makes related provisions.

NY S09300

Increases the mandatory retirement age of members of the uniformed force of the fire department of the city of New York from sixty-five to sixty-seven.

NY A09291

Increases the mandatory retirement age of members of the uniformed force of the fire department of the city of New York from sixty-five to sixty-seven.

NY S09846

Relates to parole eligibility for certain incarcerated persons age fifty-five or older if they have served at least fifteen years of their sentence or sentences.

NY HB3125

Authorizes a real property tax exemption for taxpayers sixty-five years of age or older who own a homestead

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