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New York policy

S5375: Establishes the retire strong tax credit for certain individuals age 65 or older

NY Senate · Sponsor Jake Ashby

Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
January 7, 2026

What it requires

Establishes the retire strong tax credit for certain individuals age 65 or older; authorizes a tax credit amounting to half the qualifying real property taxes paid by such individual for the taxable year, up to $6,500.

ny-statesenatelegislationbill

Official source ↗

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