Carlucci advances legislation to lower taxes for the most vulnerable

ALBANY, NY — Today, Senator David Carlucci (D – Rockland/Westchester) passed legislation (S.5557A), which will lower property taxes for seniors and people with disabilities.

The bill co-sponsored by Carlucci will raise the income eligibility for seniors or people with disabilities who own homes from $29,000 to $50,000 so they can qualify for a property tax exemption. Now residents of Rockland and Westchester Counties will be extended the same income eligibility requirement as New York City residents.

“Rockland and Westchester Counties have some of the highest property taxes in the nation,” said Senator David Carlucci. “This legislation was long overdue and needed.  Many seniors and people with disabilities are living on fixed incomes and battling between the costs of health care and housing.  By raising the income eligibility, we are lifting a financial burden off our most vulnerable.”

Senator Carlucci said this legislation will also help combat the disastrous $10,000 cap on state and local tax deductions under the Tax Cuts and Jobs Act.

“The cap on the SALT deduction has really hurt hardworking New York homeowners, and this is one measure that will help New Yorkers across the State get some relief,” said Senator Carlucci.

The legislation would take effect immediately after being signed into law.

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