New York Expands Senior Property Tax Exemptions

A new New York law will allow local governments to increase property tax exemptions for senior citizens from 50% to 65% of a home's assessed value, potentially easing financial burdens for older homeowners starting in 2026.

The measure was signed into law on Dec. 6, updating a program unchanged for decades amid rising

property values and inflation.

The change could save qualifying seniors an average of $300 annually, with more than 1.8 million older adult homeowners statewide eligible based on local income limits and other criteria.T

The optional program requires counties, cities and towns to adopt it before implementation. It aims to help seniors on fixed incomes avoid displacement by reducing tax pressures, though its impact will depend on local participation and budget considerations.

Bill sponsors noted the measure addresses long-standing affordability issues for elderly residents, with eligibility tied to income thresholds set by municipalities. Officials from the state Office for the Aging described it as a tool to support aging in place.

Seniors seeking details should contact local assessors' offices, as requirements and application processes vary by area. While most localities have not yet announced plans, the law fits into ongoing state efforts to curb living costs through tax adjustments and credits.

Law Day 2026 theme announced

The American Bar Association has announced that the 2026 Law Day theme will be The Rule of Law and the American Dream:

The 2026 Law Day theme is “The Rule of Law and the American Dream.” The rule of law—the idea that no person is above the law—is what ensures the rights of the people to live their lives as freely as possible and to pursue their dreams. The ABA encourages all Americans to recognize Law Day on May 1, 2026, and to reflect on how the rule of law ensures all Americans have the ability to fulfill their dreams.

Law Day is an annual commemoration held on May 1st to celebrate the rule of law and cultivate a deeper understanding of the legal system.

For more information on Law Day, click here.

Second Amendment Legal Update, December 2025

A monthly update, prepared for the Schuyler County Chapter of S.C.O.P.E. NY, a statewide 501(c)4 organization dedicated to preserving the 2nd Amendment rights for the residents of New York State. For a complete copy of this month’s report, click here.