New York A04445 amends real property tax law to establish homeowner rights, pre-foreclosure settlement conferences, and installment plans for tax.

New York A04445 amends the real property tax law to establish a homeowner bill of rights, including the right to not have exemptions removed or waived, to be informed of tax due, and to attend a pre-foreclosure settlement conference. It also mandates that local taxing jurisdictions offer installment plans for taxpayers starting in 2026. Additionally, the bill creates a senior, disabled, and veteran homeowner real property tax assistance program, ensuring that assistance is not considered income or resources for federal or state benefits. The bill takes effect immediately.

New York A04445 amends real property tax law to establish homeowner rights, pre-foreclosure settlement conferences, and installment plans for tax.

New York A04445 amends the real property tax law to establish a homeowner bill of rights, including the right to not have exemptions removed or waived, to be informed of tax due, and to attend a pre-foreclosure settlement conference. It also mandates that local taxing jurisdictions offer installment plans for taxpayers starting in 2026. Additionally, the bill creates a senior, disabled, and veteran homeowner real property tax assistance program, ensuring that assistance is not considered income or resources for federal or state benefits. The bill takes effect immediately.