A 5344 New York Assembly · 2025 Regular Session

Provides for adjustment of the maximum income threshold for eligibility for SCRIE, DRIE, SCHE and DHE by any increase in the consumer price index

Summary

Provides for adjustment of the maximum income threshold for eligibility for the senior citizen rent increase exemption (SCRIE), disability rent increase exemption (DRIE), senior citizen homeowners' exemption (SCHE), and disabled homeowners' exemption (DHE) by any increase in the consumer price index (CPI).

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

Governor

Introduced Feb 13, 2025 Last action Jan 15, 2026

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What changed between versions

A5344 → A5344A · 3 edits

MINOR

This bill amendment updates income thresholds for senior citizen and disability tax abatements in New York, adjusting the dollar amounts to reflect inflation and changing the effective dates for these limits.

Scope change

The bill's scope remains the same, but the specific income limits and effective dates for tax abatements have been modified.

ELIGIBILITY

Income limits for senior citizen tax abatements were increased from $50,000 to $75,000 for the 2026 tax year, with annual adjustments tied to the consumer price index.

Income limits for disability tax abatements were increased from $67,000 to $75,000 for the 2026 tax year, with annual adjustments tied to the consumer price index.

TIMELINE

The effective dates for income thresholds were updated to reflect the 2026 tax year instead of the 2025 tax year.

Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jan 15, 2026

Lower · Passed

PRINT NUMBER 5344A

lower

Jan 15, 2026

Lower · Passed

AMEND AND RECOMMIT TO AGING

lower

Jan 7, 2026

Committee

REFERRED TO AGING

lower

Feb 13, 2025

Committee

REFERRED TO AGING

lower

1 primary · 14 co-sponsors