Provides that where a senior citizen purchases real property after the taxable status date, such person shall be eligible for the enhanced STAR exemption

Summary

The bill adds a new provision to New York’s real property tax law that lets qualified senior citizens apply for the enhanced STAR exemption even if they purchase a home after the taxable status date. Applicants must file within 30 days of the title transfer, and the assessor will determine eligibility and notify the owner and the board of assessment review. If the owner disagrees, a hearing can be requested within a set timeframe.

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