NY S02313

Amends the definition of "income" for the enhanced STAR property tax exemption to exclude distributions from thrift savings plans established before January 1, 1984, in addition to existing exclusions for IRA and individual retirement annuity distributions.

Applies the same thrift savings plan income exclusion to the basic and enhanced STAR credits under tax law section 606.

Requires individuals who did not file tax returns but whose income is used for STAR eligibility determinations to file statements with the department showing their income sources and amounts for the applicable tax year.

Establishes that local assessors must assist taxpayers upon request in filing required income statements with the department.

Effective January 1 of the year following enactment, with exemption applications for final assessment rolls to be completed in 2019 subject to the new statement requirements.