New York A04984 shifts the income verification process for senior citizen tax exemption from municipalities to the Department of Taxation and Finance.

New York A04984 amends the real property tax law to transfer the responsibility of conducting the income verification process for the senior citizen tax exemption from municipalities to the Department of Taxation and Finance. This change requires all owners of the property and their spouses to have their income eligibility verified annually by the department, who will match this information with their records.

New York A04984 shifts the income verification process for senior citizen tax exemption from municipalities to the Department of Taxation and Finance.

New York A04984 amends the real property tax law to transfer the responsibility of conducting the income verification process for the senior citizen tax exemption from municipalities to the Department of Taxation and Finance. This change requires all owners of the property and their spouses to have their income eligibility verified annually by the department, who will match this information with their records.