New York stimulus payment: How much will STAR phase two recipients receive?

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New York stimulus payment: How much will STAR phase two recipients receive?

The state of New York is bracing for a new wave of financial relief for its citizens, with Governor Kathy Hochul announcing the start of the second phase of the School Tax Relief (STAR) benefit season.

This program seeks to reduce the tax burden on homeowners, putting money back into their pockets at a critical time.

Millions of New Yorkers are eagerly awaiting the arrival of these funds, which are distributed in stages based on school tax due dates.

For this phase, eligible beneficiaries living in communities with school tax due dates in August or September will be the first to see the direct effects of STAR.

The cash injection into households not only provides economic relief, but it also demonstrates a social commitment to those who truly require this benefit.

“Thanks to Governor Hochul, a substantial number of New York residents, including 320,000 in Western New York, will have more money in their pockets over the next few months thanks to the STAR tax relief program,” said Senator April Baskin, valuing the importance of this program.

What is the STAR Program?

STAR is a school tax relief program available to eligible homeowners in New York State. The primary goal is to reduce the amount of school taxes that homeowners must pay. The aid is designed to alleviate the burden of taxes that fund public schools.

What amount will phase two STAR deposit recipients receive?

During the Star program phase, eligible homeowners could receive checks worth $350 to $600, while seniors could receive checks worth $700 to $1,500. Benefits will be distributed in the coming weeks to people who have school taxes due between August and September.

What did the governor say about the STAR program?

Governor Kathy Hochul announced the beginning of the second phase of the STAR program, stating that “the STAR program provides much-needed school tax relief to millions of New York homeowners, and the program is already in full swing.”

“During a time of financial uncertainty due to funding cuts by Republicans in Washington, my administration is putting money back in the pockets of families with the delivery of checks and credits that continue to reach hundreds of thousands of homeowners across the state,” Hochul said, emphasizing her dedication.

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