Property Owners, Tax Liability, Tax Exemptions

New Rhode Island Tax on Non-Owner-Occupied Properties Assessed at $1 Million or More

Pierce Atwood LLP on 6/24/2025

Rhode Island’s 2026 budget bill contains a "Non-Owner-Occupied Property Tax Act," which is popularly referred to as the “Taylor Swift Tax.” This law imposes a new statewide tax on non-owner-occupied residential properties...more

Additional Real Property Tax Relief for Certain Senior Housing Properties in Nassau County Signed into Law

Farrell Fritz, P.C. on 9/26/2024

New York State Governor Kathy Hochul signed NYS Senate Bill 8647 (Martins)/Assembly Bill 10355 (Stern) into law this week....more

Recently Approved Property Tax Measures in Connecticut

Pullman & Comley - For What It May Be Worth on 6/24/2024

During the 2024 regular session of the Connecticut General Assembly, seven bills were passed and signed into law that deal with a variety of property tax matters. Of these, the most significant is Public Act No. 24-151. This...more

Connecticut Bill Targets Property Tax Exemptions for Educational Institutions

Pullman & Comley - School Law on 2/23/2024

A bill has been introduced before the Connecticut General Assembly that would eliminate property tax exemptions for real property acquired by an “independent institution of higher education” on or after October 1, 2024...more

Special Property Tax Exemption for Jefferson County Homeowners Age 65 and Older - Deadline of April 30 to Claim

Burr & Forman on 3/30/2023

Last November, Jefferson County, Alabama voters approved a constitutional amendment granting homeowners age 65 and older an exemption to freeze the assessed value of their primary residence to its value in the preceding year....more

Real Property Tax Alert

Farrell Fritz, P.C. on 9/8/2022

Any commercial assessment increase not related to new construction must be phased in over the next 5 years at 20% per year. As we enter the 3rd year since the 2020/21 County-wide reassessment, a reminder, that if your...more