STATE OF NEW YORK
________________________________________________________________________
803
2025-2026 Regular Sessions
IN SENATE(Prefiled)
January 8, 2025
___________
Introduced by Sen. PALUMBO -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to amend a chapter of the laws of 2024 authorizing the town of
Southampton, county of Suffolk, to enact by a local law a homestead
exemption, as proposed in legislative bills numbers S. 2094-A and A.
3872-A, in relation to authorizing a town with a population between
69,000 and 69,500 to enact a homestead exemption by a local law and in
relation to the effectiveness thereof
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 1 of a chapter of the laws of 2024 authorizing the
2 town of Southampton, county of Suffolk, to enact by a local law a home-
3 stead exemption, as proposed in legislative bills numbers S. 2094-A and
4 A. 3872-A, is amended to read as follows:
5 Section 1. Notwithstanding any provision of law to the contrary, [the]
6 a town [of Southampton, county of Suffolk] with a population between
7 69,000 and 69,500 as of the 2020 decennial census may enact by local law
8 a homestead exemption from real property [taxation] taxes levied by such
9 town as provided herein. Eligibility for such homestead exemption shall
10 be the same as for the basic school tax relief (STAR) exemption pursuant
11 to subdivision 3 of section 425 of the real property tax law. The
12 exemption shall be uniform for all eligible real property and shall not
13 exceed $50,000 in full [assessed] value. The exemption shall be granted
14 only upon application by the owner of such building, on a form
15 prescribed by the commissioner of taxation and finance, filed with the
16 town assessor on or before the taxable status date of such town.
17 § 2. Section 2 of a chapter of the laws of 2024 authorizing the town
18 of Southampton, county of Suffolk, to enact by a local law a homestead
19 exemption, as proposed in legislative bills numbers S. 2094-A and A.
20 3872-A, is amended to read as follows:
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02805-01-5
S. 803 2
1 § 2. This act shall take effect immediately and shall apply to assess-
2 ment rolls based on taxable status dates occurring on or after such
3 effective date.
4 § 3. This act shall take effect immediately; provided, however, that
5 section one of this act shall take effect on the same date and in the
6 same manner as a chapter of the laws of 2024 authorizing the town of
7 Southampton, county of Suffolk, to enact by a local law a homestead
8 exemption, as proposed in legislative bills numbers S. 2094-A and A.
9 3872-A, takes effect.
