Relates to the definition of income in relation to the enhanced STAR exemption

This bill modifies New York's enhanced STAR property tax exemption by adding distributions from thrift savings plans (established before 1984) to the list of income types excluded from the eligibility calculation. It affects homeowners applying for the enhanced STAR exemption, who must now exclude these distributions when determining their income for tax purposes. The bill also requires applicants who didn’t file tax returns to submit a detailed statement to the state department outlining their unreported income sources and amounts. These changes apply to exemption applications for tax years beginning in 2019 and later.