NY S03658

Adds a new real property tax exemption for senior citizens in the town of Southampton equal to the Enhanced STAR exemption amount from school district taxation.

Exemption applies automatically to properties receiving Enhanced STAR exemption with no separate application required, contingent on Southampton town board adopting a local law.

Exemption assessment cannot exceed the taxable assessed value of the parcel for county purposes.

Exemption does not affect total or taxable assessed value of parcels or town tax rates, and applies only to determining the owner's exemption entitlement.

Allows correction of incorrect entries on assessment rolls and provides administrative and judicial review for denied exemptions following the procedures for STAR exemption disputes.