Bill Sponsors: NY S05108 | 2023-2024 | General Assembly

Bill Title: Caps the amount of taxes a senior has to pay on his or her real property at the amount such individual paid in the year in which he or she turned 65; provides that the individual claiming the limitation must be the owner of the property and must reside in the property for at least seventy-five percent of the year.

Spectrum: Slight Partisan Bill (Democrat 5-3)

Status: (Introduced) 2024-05-06 - RECOMMIT, ENACTING CLAUSE STRICKEN [S05108 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Timothy Kennedy [D]PrimarySponsored BillsSD-063FollowTheMoneyBallotpediaVoteSmart
Senator Joseph Addabbo [D]CosponsorSponsored BillsSD-015FollowTheMoneyBallotpediaVoteSmart
Senator Patrick Gallivan [R]CosponsorSponsored BillsSD-060FollowTheMoneyBallotpediaVoteSmart
Senator Peter Harckham [D]CosponsorSponsored BillsSD-040FollowTheMoneyBallotpediaVoteSmart
Senator Robert Jackson [D]CosponsorSponsored BillsSD-031FollowTheMoneyBallotpediaVoteSmart
Senator Rachel May [D]CosponsorSponsored BillsSD-048FollowTheMoneyBallotpediaVoteSmart
Senator Dean Murray [R]CosponsorSponsored BillsSD-003FollowTheMoneyBallotpediaVoteSmart
Senator William Weber [R]CosponsorSponsored BillsSD-038FollowTheMoneyBallotpediaVoteSmart

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