What is the 2007 Middle Class STAR rebate?

 

The 2007 Middle Class STAR Rebate Program is an expanded property tax relief program that provides homeowners a benefit in the form of a property tax rebate check. The program provides two types of rebates:

  • A Middle Class STAR rebate is available for homeowners who receive the basic STAR exemption on their property tax bill. These homeowners must apply to receive this tax relief, as the amount of the rebate is correlated to the homeowners' income levels. The program provides benefits to taxpayers on a sliding scale based on income, with benefits declining as income exceeds $90,000 for upstate homeowners and $120,000 for homeowners in the higher-cost New York City metropolitan region. Taxpayers earning more than $250,000 are not eligible to receive a check.

  • A rebate also is available for homeowners who are senior citizens 65-years or older and receive an enhanced STAR exemption on their property tax bills. No application is necessary. Enhanced STAR recipients will receive their check automatically.

  • In either case, the rebate check is in addition to any tax relief homeowners receive as a reduction of their school tax bills under basic or enhanced STAR.

You should apply!  Make sure you return your application or complete the online application by December 31st 2007

 

To visit the New York State information page CLICK HERE