S5175a: Hochul Tax Bill
Governor Kathy Hochul has officially signed (and its companion A3698A), a landmark bill designed to provide significant property tax relief for New York’s senior citizens. For the first time in decades, this law empowers local governments to substantially increase the maximum property tax exemptions available to eligible older homeowners. Key Provisions of Bill S5175A
No refunds for purchases made before June 1, 2024. hochul tax bill s5175a
The Hochul Tax Bill S5175A includes several key provisions designed to alleviate the tax burden on New Yorkers. Some of the most notable aspects of the bill include: Governor Kathy Hochul has officially signed (and its