Legislation (S.3576) sponsored by Senator Kenneth P. LaValle (R-C-I, Port Jefferson) and passed May 3 in the New York State 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. LaValle’s bill instead authorizes municipalities to accept STAR applications after the locality’s taxable status date and before January 10 of the following year.
New York State Senator Kenneth P. LaValle said his bill capping school taxes for eligible senior citizens older than 70 years of age has passed the New York State Senate and will now go to the Assembly.
This bill amends the real property tax law by establishing a fixed real property school tax rate for persons 70 years of age or over who meet the requirements for the enhanced STAR exemption. Under the bill, residential real property owned and occupied by individuals who are 70 years of age or over; or by husband and wife, one of whom is seventy years of age or over and meets each of the requirements for the enhanced STAR exemption, will be eligible for a fixed real property school tax rate.
New York State Senator Kenneth P. LaValle (R,C,I – Port Jefferson) said the Senate passed historic property tax relief legislation that enacts a cap on the growth of local property taxes. that will bring relief to long suffering tax payers. The Governor signed the bill into law Friday night (06/24).
“I have long been an advocate of a tax cap,” Senator LaValle said, “and the time has come for us to implement this law.”
New York State Senator Ken LaValle is reminding homeowners 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.
A bill to amend the real property tax law to establish a capped real property school tax rate for persons 70 years of age or older who meet the eligibility requirements for the enhanced STAR exemption has been introduced in the New York State Senate by Senator Kenneth P. LaValle (R,C,I –Port Jefferson).
The bill, Senator LaValle said, provides seniors with a choice depending on individual circumstances. Seniors, under the bill, can either have their real property school tax rate frozen as of the day that they turn 70 years of age or receive a STAR rebate check.
The New York State Senate Republican Conference today unveiled the Family Tax Relief Act, a package of tax relief and reform measures designed to provide an economic boost to New York’s struggling middle class families.
The Senate Republican plan would increase tax breaks that have not kept pace with inflation, and, in some instances, haven’t been adjusted for more than 25 years. The plan also restores the STAR property tax rebate check program to provide real and direct relief to millions of New Yorkers who pay some of the highest property taxes in the country.
New York State Senator Ken LaValle reminds residents that new legislation requires all homeowners receiving a Basic STAR exemption must register with the New York State Tax Department in order to receive the exemption in 2014 and subsequent years.
“Throughout my tenure in the New York State Senate, real property tax relief has been an important priority and as an architect in the development of the STAR program, I take tremendous personal satisfaction in the benefits this initiative has brought to homeowners in the First Senatorial District,” Senator LaValle said.