Jack M. Martins's posts related to Star (School Tax Relief Program)

Bill Making It Easier to Claim STAR Exemptions Passes Senate

Legislation (S.3576) passed by the Senate will help make it easier for property owners to claim STAR benefits if they missed the March 1 filing deadlines. This is particularly important to senior citizens who must remember to file for the enhanced STAR exemption each year. Missing the deadline and, therefore, the exemption could result in a homeowner facing an unexpected and significantly increased tax bill. This bill instead authorizes municipalities to accept STAR applications after the locality’s taxable status date and before January 10 of the following year.

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From the Desk of Senator Jack M. Martins

The Triple-Crown of Tax Relief

There certainly must have been a lot of disappointment in the days leading up to the Belmont Stakes as thoroughbred racehorse and Triple-Crown favorite, “I’ll Have Another,” showed signs of tendonitis and was scratched. I imagine it must have wreaked a fair amount of havoc on the sport, but I think most notable was the widespread, collective let-down that people experienced. Maybe we fall victim to so much press hype but I think it has something more to do with human nature. People love a winner, especially one that overcomes the odds, indisputably, three times over.

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Senate Votes to Restore STAR Rebate Checks

Senator Martins Co-Sponsors Bill

Senator Jack M. Martins co-sponsored a bill (S.7447) to restore the STAR property tax rebate check program. The bill would provide $202 million in property tax relief to senior citizens in the 2012-13 school year and $1.2 billion in property tax relief to middle class families starting in 2013-14.

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Residents Reminded to File for Property Tax Exemption Deadline by March 1 Deadline

I want to take this opportunity to remind you that the deadline for New York State’s School Tax Relief Program (STAR) is March 1, 2013. STAR is a tax relief program that lowers property taxes for owner-occupied primary residences. There are two levels of STAR benefits: Basic STAR and Enhanced STAR.

Basic STAR is available to residents who own and live in their own 1- 2 or 3-family house, condominium, or cooperative apartment and earn less than $500,000 a year. There is no age limit for Basic STAR. For qualifying homeowners.  Basic STAR exempts the first $30,000 of the full value of a home from school taxes. Once you are approved for Basic STAR, you need not reapply each year unless you move to a new primary residence.

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IMPORTANT INFORMATION CONCERNING THE STAR EXEMPTION

New legislation requires all homeowners receiving a Basic STAR exemption to register with the New York State Tax Department in order to receive the exemption in 2014 and subsequent years. 

Please see below a pfd fact sheet you can download with all the information. More information can also be found on the Tax Department's website at www.tax.ny.gov

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FROM THE DESK OF SENATOR JACK M. MARTINS

How to Keep Your STAR Property Tax Rebate

If you receive a STAR rebate check for your property taxes, please, please, read this column! It’s vital news to Long Island homeowners.

New legislation requires that ALL homeowners receiving a Basic STAR exemption re-apply with the New York State Tax Department in order to continue receiving the exemption in 2014 and beyond. This is part of an enormous effort to root out fraud in the $1.9 billion system and it was enacted to protect honest New Yorkers against those who are falsely obtaining the exemption. In the end, they are stealing from you – the taxpayer.

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BASIC STAR REGISTRATION - FREQUENTLY ASKED QUESTIONS

New state legislation requires all homeowners receiving a Basic STAR exemption to register with the New York Tax Department in order to receive the exemption in 2014 and subsequent years.

I already receive Basic STAR, why do I need to register? This is part of a new initiative to protect New Yorkers against inappropriate or fraudulent STAR exemptions.

 

Do I have to register every year? No, this is a one-time registration. You do not have to register every year.

 

Who must register? Only those who receive the Basic STAR Property Tax Exemption.

 

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SENATOR MARTINS: SENATE PASSES BILL SIMPLIFYING APPLICATION FOR SENIOR CITIZENS RENEWING ENHANCED STAR TAX EXEMPTION

     Senator Jack M. Martins (R-7th Senate District) announced that the New York State Senate recently passed legislation that would create a shorter, simplified renewal application for senior citizens who already receive an Enhanced STAR tax exemption. Senator Martins cosponsored the legislation (S2937) with Senator Kemp Hannon (R-6th Senate District). 

     “Enhanced STAR provides valuable property tax savings to eligible senior citizens. Creating a simplified renewal application form will make it easier for seniors to take advantage of property tax savings to which they are entitled,” said Senator Martins.

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