NY A02226

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

Applies the same thrift savings plan exclusion to the "affiliated income" calculation used for both basic and enhanced STAR tax credits under tax law.

Requires individuals without filed tax returns to submit statements to the department documenting income sources and amounts for income-eligibility determinations, effective for applications on final assessment rolls completed in 2019 and later.

Takes effect January 1 following enactment into law.