Hugh T. Farley's posts related to Star (School Tax Relief Program)

Senator Farley Reminds Constituents of March 1st STAR Deadline

State Senator Hugh T. Farley (R, C - Schenectady) remind constituents that the date for applying or reapplying for the School Tax Relief Program (STAR) is rapidly approaching.

"Every year some people miss out on their STAR savings because they miss the deadline," Senator Farley said. "In most towns and cities, the deadline is March 1st. I strongly suggest that residents contact their local assessor to confirm their municipality's deadline."

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SENATE PASSES LEGISLATION TO ESTABLISH FIXED SCHOOL TAX RATE FOR SENIORS

State Senator Hugh T. Farley (R, C, I - Schenectady) announced that he and his colleagues in the New York State Senate passed legislation on June 20th that would establish a fixed real property school tax rate for seniors who are eligible for the enhanced STAR exemption, providing much needed tax relief to hundreds of thousands of seniors throughout New York State.

Under the bill (S.2998), homeowners aged 70 or older and meet the eligibility requirements for the enhanced STAR exemption would be eligible to apply annually for the fixed real property school tax rate at local option. The state would reimburse school districts for lost revenue caused by freezing the tax rates for seniors.

The bill was sent to the Assembly.

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Senator Farley Clears Up Confusion on STAR

You may have heard that the new budget will require all current recipients of the basic STAR property tax exemption to re-register on a one-time basis in order to root out fraud in the system. The registration deadline is not until April of next year, and I will post information when the Tax Department announces the process for re-registering.

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BASIC STAR Registration Fact Sheet

New legislation will require all homeowners receiving a Basic STAR exemption to register with the New York State Tax Department in order to receive STAR exemptions in 2014 and subsequent years.  Registration will begin on August 19 and continue through December 31, 2013.  For more information on this registration requirement, please click on the box below for a STAR fact sheet. 

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