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Bill

A 959

Adjusts the school tax relief (STAR) exemption for homes located outside New York city (Part A); relates to a real property tax freeze (Part B); and relates to supplemental state assistance (Part C)

2025 Regular Session Introduced by Anil Beephan and 3 co-sponsors

Would change STAR exemptions for homes outside NYC, potentially along with a real property tax freeze and supplemental state aid.

REFERRED TO REAL PROPERTY TAXATION
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WeVote Research Nonpartisan
Bill Summary · A 959

Summary: New York Assembly Bill A 959

Overview

Bill A 959 would (Part A) adjust the school tax relief (STAR) exemption for homes located outside New York City, (Part B) relate to a real property tax freeze, and (Part C) relate to supplemental state assistance. The measure is currently in the early stages of the legislative process.

Status and Timing

  • Introduced: January 8, 2025
  • Status: REFERRED TO Real Property Taxation (Assembly committee)
  • Legislative actions to date: Referred to Real Property Taxation on January 8, 2025 (listed twice in the record)
  • Related/companion measures:
    • A 8313 (prior-session)
    • S 4652 (companion)

What the bill would do (three-part structure)

  • Part A — STAR exemption for homes outside NYC

    • Purpose: Adjust the existing STAR exemption specifically for residences located outside New York City.
    • Implication: Changes to eligibility, calculation, or applicability of the STAR program outside NYC. The exact mechanics will depend on the text enacted in Part A.

  • Part B — Real property tax freeze

    • Purpose: Establish or relate to a real property tax freeze.
    • Implication: Potentially limits or controls increases in property taxes (and/or the timing/mechanics of freezes) for eligible properties. Details depend on the enacted provisions.

  • Part C — Supplemental state assistance

    • Purpose: Relate to additional or supplemental state support related to property tax relief or school funding.
    • Implication: Could provide additional funding or targeted assistance to support the above changes, potentially impacting school districts, homeowners, or municipalities.

Who would be affected

  • Primary beneficiaries: Homeowners with property located outside New York City who participate in the STAR program.
  • Indirect effects: School districts and local governments that administer STAR, local property tax levies, and any programs tied to real property tax relief or supplemental assistance.

Procedural and timeline considerations

  • As introduced, the bill is in committee ("Referred to Real Property Taxation"), meaning it will be reviewed, possibly amended, and could be brought to a vote in the Assembly.
  • The existence of companion measures (S 4652) indicates cross-chamber interest and potential alignment with Senate actions.
  • The prior-session A 8313 suggests a similar or related policy concept previously circulated in the Assembly.

Key notes for readers

  • The current information provides only the bill’s title, three-part framework, sponsor list, and referral status. The exact text is not included here, so specifics on eligibility, computation, funding mechanisms, and effective dates are not available.
  • To understand the concrete impact, the bill’s full text and any fiscal notes, amendments, and committee reports will be essential.

How to follow

  • Track A 959 through the Assembly Real Property Taxation Committee for updates, amendments, and potential floor action.
  • Monitor related measures in the Senate (S 4652) and any posted fiscal impact analyses.
  • For those affected, watch announcements from the New York State Department of Taxation and Finance and local assessors on STAR changes once the bill advances.

Compiled from official sources — confirm details with the bill’s official record.

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