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S 4652

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 Jake Ashby and 4 co-sponsors

S 4652 would adjust the STAR exemption outside NYC, implement a real property tax freeze, and expand supplemental state assistance for homeowners and districts.

REFERRED TO AGING
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WeVote Research Nonpartisan
Bill Summary · S 4652

Summary of New York S 4652

A flagship, multi-part bill introduced on February 10, 2025, S 4652 would adjust elements of the School Tax Relief (STAR) program for homes outside New York City, and it also references a real property tax freeze and supplemental state assistance. The bill is currently referred to the Aging Committee.

Bill at a Glance

  • Bill number: S 4652
  • Title/scope:
    • Part A: Adjusts the STAR exemption for homes located outside New York City
    • Part B: Relates to a real property tax freeze
    • Part C: Relates to supplemental state assistance
  • Status: Referred to Aging (as of the introduction date)
  • Introduced: February 10, 2025
  • Primary sponsor: Jake Ashby (with several co-sponsors listed)
  • Related legislation: S 7685 (prior-session), A 959 (companion)

What the bill would do (based on the bill’s stated parts)

  • Part A – STAR exemption outside NYC
    • Purpose: Modify how the STAR exemption applies to homes outside New York City.
    • Implication: Could change the amount of property tax relief available to eligible homeowners outside NYC, or alter eligibility criteria or calculation methodology.
  • Part B – Real property tax freeze
    • Purpose: Address or implement a mechanism related to freezing property taxes.
    • Implication: Potentially limits year-to-year increases in property taxes for affected properties, subject to how the freeze would be applied and administered.
  • Part C – Supplemental state assistance
    • Purpose: Pertains to additional or supplementary state aid related to property taxes or school aid.
    • Implication: Could influence funding for related programs or provide additional support to districts/homeowners, depending on the provision details.

Note: The exact text of provisions (e.g., eligibility thresholds, freezing rules, funding mechanisms) has not been provided in the summary you shared. The bullets above reflect the broad scope indicated by the titles of the three parts.

Who would be affected

  • Homeowners outside New York City who currently benefit from STAR
  • School districts outside NYC that administer STAR-related relief and may be affected by changes to exemptions or funding
  • Local governments and property tax administrators who implement STAR, freezes, or supplemental assistance
  • Potential beneficiaries of any real property tax freeze or supplemental state aid provisions (likely homeowners and seniors, depending on eligibility criteria in the final text)

Procedural and timeline aspects

  • Introduction date: February 10, 2025
  • Current stage: Referred to the Aging Committee
  • Related actions: Companion and related bills exist (A 959 as a companion; S 7685 from a prior session), which may provide additional context or language in related areas
  • Next steps to watch: Committee hearings or amendments in Aging; potential movement to floor consideration and cross-chamber action; any fiscal notes or analysis that accompany the bill

Observations and considerations

  • The bill signals a targeted adjustment to STAR for non-NYC residences, paired with changes to a tax freeze and supplemental assistance. The fiscal impact on state and local governments, as well as on homeowners, will hinge on the final text (exemption calculations, eligibility, freeze mechanics, and funding sources).
  • Stakeholders to monitor include homeowners outside NYC, school districts outside NYC, aging and tax policy advocates, and fiscal committees conducting analyses.

If you’d like, I can incorporate any available or forthcoming bill text to provide a more detailed provisions-by-provisions summary and a clearer fiscal impact assessment.

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

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