11/04/2024 New RPS Online Survey and Assessment Community Weekly
New RPS Online survey: Valuation
Please complete the Valuation Survey by November 15.
Thank you in advance! Your participation is crucial to the ongoing development of RPS Online.
Reminder: If you have not already completed the two surveys we announced last week, please do so by November 8.
The RPS Online Constituents Group will review the results of the surveys and make recommendations to ORPTS and the RPS Online Project Team.
Thanks again to all of the members of the RPS Online Constituents Group who helped to develop these surveys.
If you have questions or input about RPS Online, please send them to RPSOnline@tax.ny.gov.
We will use your questions to build a FAQ webpage for the assessment community. Your feedback is valuable as we continue to design and develop the system.
New exemption form, RP-421-p-rmd now available
The form and instructions for the new residential multiple dwelling exemption enacted in the 2024-2025 State Budget are now available online:
- Form RP-421-p-rmd, Application for Real Property Tax Exemption for Newly Constructed or Converted Rental Multiple Dwellings
- Form RP-421-p-rmd-I, Instructions for Form RP-421-p-rmd
Real Property Tax Law, § 421-p allows a city, town, or village to provide an exemption for the construction or conversion of rental multiple dwellings located within a designated benefit area. To qualify for this exemption, at least 25% of the units must meet affordability criteria as adopted by the municipality.
Questions regarding this exemption should be directed to your municipal attorney.
We expect the forms for the rest of the new and updated exemptions that have been signed into law so far this year to be published by 2025.
RPSV4 updates for these exemptions are in process. We will update you as those become available.
Change to tax bill and second notice language
Chapter 55 of the Laws of 2024 (Part BB) updated the required language on tax bills that previously advised taxpayers of the existence of the senior citizens exemption. The statement is now required to advise them of the existence not only of the senior citizens exemption but also of the disability and veterans exemptions.
The same change has also been made to the second notice that is required to be sent 30 days before taxable status date. [see RPTL § 467(4)].