New York legislation · 2025-2026 General Assembly
New York A11597: Relates to additional real property tax exemptions for certain senior citizens
Status: In committee, June 5, 2026
Relates to additional real property tax exemptions for certain senior citizens.
What the bill says
An act to amend the real property tax law, in relation to additional real property tax exemptions for certain senior citizens.
From the introduced text, June 5, 2026:
AN ACT to amend the real property tax law, in relation to additional real property tax exemptions for certain senior citizens THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph 4 of paragraph (b) of subdivision 1 of section 467 of the real property tax law, as added by chapter 581 of the laws of 2025, is amended to read as follows: (4) Notwithstanding the maximum exemption percentage permitted pursuant to paragraph (a) of this subdivision, any local law, ordinance or resolution adopted pursuant to this section may be amended, or a local law, ordinance or resolution may be adopted, to create additional annual income categories and corresponding exemption percentages for households making less than the maximum income eligibility level of such municipal corporation as provided in this subdivision (represented in the hereinbelow schedule as M) pursuant to the following schedule: ANNUAL INCOME PERCENTAGE OF ASSESSED VALUATION EXEMPT FROM TAXATION Less than (M) but more than [(M- $1,000)] (M- $1,001) 50% Less than (M- $1,000) but more than [(M- $2,000)] (M- $2,001) 55% Less than (M- $2,000) but 60% more than [(M- $3,000)] (M- $3001); and Less than (M- $3,000) 65% § 2. This act shall take effect immediately and shall apply to taxable years beginning on and after …
Sponsors
- Kalman Yeger (D, 41) · primary sponsor
Latest actions
- : REFERRED TO REAL PROPERTY TAXATION
Subjects: Real Property Tax Law
Common questions
- What is A11597?
- A11597 is a bill in the New York Legislature (2025-2026 General Assembly): Relates to additional real property tax exemptions for certain senior citizens.
- What does A11597 do?
- In its own words: An act to amend the real property tax law, in relation to additional real property tax exemptions for certain senior citizens.
- What is the status of A11597?
- In committee as of June 5, 2026. Latest action: REFERRED TO REAL PROPERTY TAXATION (June 5, 2026).
- Who sponsored A11597?
- Kalman Yeger (D, 41).
- Where is the official record for A11597?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A11597
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.