Increases real property tax circuit breaker credit income limits to $100,000; removes real property tax rebates from qualifying taxes.

New York A07652 amends the tax law to increase the income limits for the real property tax circuit breaker credit to $100,000. It also removes real property tax rebates from the taxes that qualify under this credit. The bill defines "qualifying real property taxes" and sets conditions for eligibility, including income limits and property usage. The changes take effect immediately upon enactment.

Increases real property tax circuit breaker credit income limits to $100,000; removes real property tax rebates from qualifying taxes.

New York A07652 amends the tax law to increase the income limits for the real property tax circuit breaker credit to $100,000. It also removes real property tax rebates from the taxes that qualify under this credit. The bill defines "qualifying real property taxes" and sets conditions for eligibility, including income limits and property usage. The changes take effect immediately upon enactment.