Albany, NY Legislation to officially extend the property tax exemption deadline written by State Senator Leroy Comrie and Assemblywoman Alicia Hyndman was signed into law by Governor Cuomo this week. Property tax exemption applications, including those for the Senior Citizen Homeowners Exemption, Disabled Homeowners Exemption, and Veterans Exemption, submitted after the original deadline can be processed ahead of the 2020-2021 tax year. The original deadline, scheduled for March 16th, fell during a week when startling developments on the pandemics impact on New York became more apparent. Property owners will now have until July 15, 2020 to complete their applications.
"I am grateful that Governor Cuomo has signed Senate Bill 8122-B into law; this is a common-sense, fiscally responsible and fundamentally fair proposal that will benefit the greater good. As New Yorkers summon their incredible strength to recover, we must make certain that our government is a proactive and understanding partner that provides difference-making tools and effective assistance. By working with my Assembly co-sponsor Alicia Hyndman, our legislative leaders and colleagues, we are ensuring that all New Yorkers have an extended opportunity to apply and recertify for important property tax abatement programs and will provide a stable safeguard for our hardworking families, seniors and homeowners."
The property tax legislation Ive introduced and passed in the Assembly is important to homeowners and those alike across my community of District 29 and the State of New York, said Assemblywoman Alicia Hyndman. As the state reopens, many are still feeling the financial impacts of COVID-19 and deserve some relief at minimum. This bill will ensure that no property owner misses out on a real property tax abatement or exemption on their 2020-2021 assessment due to the pandemic by extending all deadlines for the filing of applications and renewal applications for real property tax abatement or exemption program to be extended to July 15, 2020 at the discretion of local authorities. It also allows for an appeal procedure for appeals regarding denial of exemption or abatement in relation to applications submitted in accordance with the deadline extension of July 15, 2020.
Additional details on S.8122-B can be found on the New York State Senate website.