Adjusts the school tax relief (STAR) exemption for homes outside large cities; establishes a real property tax freeze credit; provides supplemental.

This bill adjusts the STAR exemption for homes outside cities with over one million residents for the 2025-2026 school year and beyond. It establishes a real property tax freeze credit for homeowners with primary residences in areas with freeze-compliant budgets. Additionally, it provides supplemental state assistance to cities, counties, towns, and villages that comply with property tax levy limits.

Adjusts the school tax relief (STAR) exemption for homes outside large cities; establishes a real property tax freeze credit; provides supplemental.

This bill adjusts the STAR exemption for homes outside cities with over one million residents for the 2025-2026 school year and beyond. It establishes a real property tax freeze credit for homeowners with primary residences in areas with freeze-compliant budgets. Additionally, it provides supplemental state assistance to cities, counties, towns, and villages that comply with property tax levy limits.