Relates to adjusting the STAR credit depending on the age of a person

This bill (A 10154) adjusts New York's STAR (School Tax Relief) exemption for senior homeowners aged 65 and older. It increases the base figure used to calculate the exemption amount based on the age of the youngest qualifying owner who resides on the property: 10% for ages 65-69, 20% for 70-74, 30% for 75-79, 40% for 80-84, and 50% for 85+. The age adjustment applies to both basic and enhanced STAR exemptions for eligible properties. The change takes effect January 1, 2027, for assessment rolls based on taxable status dates on or after that date.