Establishes a real property tax exemption for certain property owners who reside full-time on such property in certain counties.

The bill establishes a real property tax exemption for certain property owners who reside full-time on such property in certain counties. It requires that such owners occupy such property as their primary residence and are enrolled in or eligible for the STAR exemption or credit or that such owners rent to a tenant for a term of at least twelve months and such tenant occupies such property as their primary residence. The exemption applies to eligible counties with populations between 150,000 and 1 million, where at least 6% of housing units are for seasonal, recreational, or occasional use.

Establishes a real property tax exemption for certain property owners who reside full-time on such property in certain counties.

The bill establishes a real property tax exemption for certain property owners who reside full-time on such property in certain counties. It requires that such owners occupy such property as their primary residence and are enrolled in or eligible for the STAR exemption or credit or that such owners rent to a tenant for a term of at least twelve months and such tenant occupies such property as their primary residence. The exemption applies to eligible counties with populations between 150,000 and 1 million, where at least 6% of housing units are for seasonal, recreational, or occasional use.