STAR School Property Tax Relief

The NYS Department of Taxation and Finance has released information about new legislation requiring all homeowners that receive a Basic STAR exemption to register with the New York State Tax Department in order to receive STAR exemptions in 2014 and subsequent years. Homeowners will not have to register in order to receive their 2013 STAR exemptions.

How Does the Legislation Affect Older New York Home Owners?

The registration will only apply to Basic STAR recipients. Older individuals receiving Enhanced STAR are not affected by the new registration requirement, however, they must continue to: apply annually, or participate in the Income Verification Program.

CLICK HERE for more information about the STAR Program and this new legislation.