Steuben County is raising the income limit threshold for seniors and those with disabilities to be exempt from some property taxes. The county legislature voted at its January 23, 2023 meeting to pass Local Laws 8 and 9 for 2022, which will raise the income limit for property tax exemptions to $35,000 for senior citizens and people with disabilities.
According to the county, the legislature had previously voted to raise the income limit to $30,000 in December 2022. However, the Legislature Administration Committee recommended increasing it to $35,000, and the legislators voted to approve the recommendation.
Under the new laws, the percentage of tax exemption will decrease incrementally for incomes above $35,000. The laws will be subject to a public hearing on February 27th, 2023 before their final adoption.
This move by the county aims to provide relief for seniors and those with disabilities who are on a fixed income, and to help them stay in their homes. The county officials believe that the increase in the income limit threshold will make a significant difference in the lives of those who are struggling to make ends meet.
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