New York S01122 extends STAR program benefits to small businesses, defining small business as employing one hundred or fewer persons.
New York S01122 amends the real property tax law to include small businesses in the STAR program's benefits. The bill defines a small business as one employing one hundred or fewer persons. It applies to all taxable years beginning on and after January 1, 2025.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.