NY S01924

Eliminates the annual reapplication requirement for senior citizens (65+) who have received a property tax exemption on a prior completed assessment roll in municipalities outside cities of one million or more residents.

Exemption becomes automatically granted on subsequent assessment rolls once a municipality adopts a local law, ordinance, or resolution authorizing this provision.

Requires eligible seniors to include a sworn affidavit with tax payments stating continued eligibility for the exemption, on a form prescribed by the commissioner.

In cities of one million or more residents, seniors must file a completed application every 24 months instead of annually.

Takes effect immediately upon enactment and applies to tax rolls completed after the effective date, with municipalities authorized to elect retroactive application to August 7, 1997.