Politics

Hochul announces $2 billion in tax relief for 3 million New York homeowners and seniors this summer

By Alexandra Prettitore Posted on

Gov. Kathy Hochul announced on Tuesday that nearly 3 million New York homeowners and seniors will receive tax relief this summer through New York’s Schools Tax Relief (STAR) program.

Most homeowners with an income below $500,000 per year will receive between $350 to $600 in tax relief, while seniors who earn below $110,750 are eligible for $700 to $1,500. Some will be in the form of tax exemptions in the 2026 tax year, while many others will receive checks. 

See the full article at amNY

Hochul announces $2 billion in tax relief for 3 million New York homeowners and seniors this summer

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