New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Increases the amount of income property owners may earn for the purpose of eligibility for the property tax exemption for persons over sixty-five years of age.
Increases the amount of income property owners may earn for the purpose of eligibility for the property tax exemption for persons over sixty-five years of age; increases such amount to $75,000.
| Date | Event | Detail |
|---|---|---|
| 2025-02-04 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Assembly Committee |