Extending to the 2022-23 assessment roll the renewal of certain residential property taxation exemptions received on the 2021-22 assessment roll for persons 65 years of age or over and persons with disabilities.

A Local Law in relation to extending to the 2022-23 assessment roll the renewal of certain residential property taxation exemptions received on the 2021-22 assessment roll for persons 65 years of age or over and persons with disabilities, and to provide for the repeal thereof

In December 2021, the State Governor issued Executive Order 11.1, which was later extended by Executive Order 11.3 of 2022, to automatically renew all properties that had received a senior citizens homeowner property tax exemption or a persons with disabilities homeowner property tax exemption (collectively “SCHE and DHE”) in the 2021-2022 tax year for the 2022-2023 tax year, without the need to submit the otherwise required renewal application. Pursuant to the Executive Orders, this local law would allow the Department of Finance (“DOF”) to require renewal applications where there is reason to believe the property is no longer eligible to receive the exemption because the property owner: 1) changed their primary residence, (2) added another owner to the deed of the property for which such exemption was granted, (3) transferred such property to a new owner, or (4) died, and require DOF to notify the applicable property owners of this requirement.