NY S00398

Expands the definition of "person with a disability" under New York's real property tax law to include individuals receiving Social Security Disability Insurance (SSDI), medical assistance benefits based on disability determination, or Veterans Affairs disability pension/compensation benefits.

Establishes separate income limits for different disability benefit categories: recipients of Supplemental Security Income (SSI) are limited to SSI maximum income; SSDI or medical assistance recipients are limited to $29,000; and veterans disability recipients are limited to the maximum income for their specific Veterans Affairs benefits.

Allows municipalities to adopt local laws raising income thresholds for SSDI and medical assistance recipients up to $29,000, and for veterans disability recipients up to their applicable federal maximum, after public hearing.

Permits income adjustment for households where the head retires before the income tax year begins, allowing retirement income to be projected over the full year while excluding salary and earnings.

Takes effect 120 days after becoming law, with provisions subject to expiration and reversion procedures under existing law.