Provides a real property tax exemption for certain residential properties with accessory dwelling units in Suffolk county.

New York A07569 amends the real property tax law to exempt certain residential properties with accessory dwelling units in Suffolk county from state real property taxation. The exemption applies if the property owner resides in the primary building, the accessory dwelling units represent no more than 30% of the property's total assessment, and the tenants' income is at or below 80% of the Suffolk/Nassau county median income. The monthly rent for the accessory dwelling units is calculated as 30% of 50% of the Suffolk/Nassau county median income.

Provides a real property tax exemption for certain residential properties with accessory dwelling units in Suffolk county.

New York A07569 amends the real property tax law to exempt certain residential properties with accessory dwelling units in Suffolk county from state real property taxation. The exemption applies if the property owner resides in the primary building, the accessory dwelling units represent no more than 30% of the property's total assessment, and the tenants' income is at or below 80% of the Suffolk/Nassau county median income. The monthly rent for the accessory dwelling units is calculated as 30% of 50% of the Suffolk/Nassau county median income.