STAR-eligible homeowners throughout the state will be eligible for $3.1 billion in new property tax rebates over the next four years, starting in 2016. When the new rebate amounts are combined with the existing tax freeze check planned for next year, a total of $900 million in property tax relief checks will be sent – an average of approximately $350 per eligible homeowner statewide. When this new tax relief is combined with statewide affordable housing measures and the increased funding and education reforms that will strengthen all of our schools, the Senate is providing real results that make a positive difference in the lives of real people throughout New York.” Flanagan (R-C-I, East Northport) said, “Today we are taking action on long-held Republican priorities that reduce the property tax burden here in New York so that we can create jobs, grow businesses, and help taxpayers keep more of their hard-earned money. ![]() ![]() The New York State Senate today passed an end-of-session measure that will bring $3.1 billion in new tax relief to property owners, extend the existing property tax cap to deliver additional savings and create new jobs, improve affordable housing statewide, and continue the Senate’s ongoing commitment to ensuring that every child has access to a quality education.
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