NEWYORK: Governor Kathy Hochul announced that nearly three million New Yorkers across the state will receive over $2 billion in tax relief this summer and fall through New York’s School Tax Relief (STAR) program.
STAR provides property tax relief to eligible homeowners and seniors statewide. While some STAR recipients will receive their benefit in the form of a tax exemption this year, many other recipients will receive a tax credit and will be sent a check in the mail this summer and fall.
“The start of summer is also the start of STAR tax relief season for millions of New Yorkers,” Governor Hochul said.
“From tax credits and energy rebates to our expanded child tax credit and middle class tax cuts, we’re continuing to put more money back in New Yorkers’ pockets.”
“At a time when actions in Washington are increasing costs and reducing support for working families, seniors, and homeowners, New York is continuing to put affordability first. The Senate Majority was proud to work with Governor Hochul to include continued funding for the STAR program in this year’s State Budget, delivering meaningful property tax relief to homeowners across our state. As STAR checks begin reaching eligible New Yorkers, this assistance will help families keep more of their hard earned money and better manage everyday expenses. Today’s announcement reflects our shared commitment to putting money back in people’s pockets, strengthening economic security, and ensuring New Yorkers have the support they need to better manage the rising cost of living. I encourage all eligible homeowners to enroll in the STAR Credit Direct Deposit Program to receive this important benefit quickly and securely,” said Senate Majority Leader Andrea Stewart-Cousins.
“This $2 billion in tax relief is vital to our families and our seniors. As New Yorkers see the high cost of gas and rising prices, the STAR program will put money back into their pockets. We will continue to work with our partners in government to put New York families first and make our state a more affordable place,” said Assembly Speaker Carl Heastie.
Most homeowners eligible for a STAR credit will receive a check between $350 and $600. Most seniors eligible for an Enhanced STAR credit will receive a check between $700 and $1,500.
“We want every eligible homeowner to take advantage of the STAR program. If you’re a new homeowner, or you are currently not receiving a STAR benefit on your primary residence, check out the Tax Department’s website to see how you can register and start saving,” said New York State Department of Taxation and Finance Acting Commissioner Amanda Hiller.
