Nassau County Republican legislators have proposed an increased real property tax break for persons over the age of 65. These new qualifications for tax exemptions are in response to recently enacted state legislation. Legislator Richard J. Nicolello said the exemptions "will help to allow senior citizens to continue to live in Nassau County."

This legislation will protect the most economically vulnerable segment of society. "Those on fixed incomes or living off of pensions will be able to breathe a little bit easier if this legislation passes," added Nicolello. Senior residents with an annual income of under $21,500 will be in line for the greatest reduction, a full 50 percent of their assessed value will be exempt from taxation. This is an increase from the previous income level for tax-exempt status in Nassau County. By raising the income ceiling associated with the tax-exemption, this proposed legislation would allow more seniors to qualify for property tax reductions.

"With the huge property tax increases to be approved by the Democrats in Nassau, we need to show compassion for those who could be forced to find affordable living arrangements outside of the county. We want seniors to continue to live and contribute to their communities," said Nicolello. The breakdown of the exemptions, if the proposed legislation passes through the Nassau County Legislature, will be as follows:

Annual Income Percent of Property Tax Exemption

Less than $21,500 50 percent

At least $21,500 but less than $22,500 45 percent

At least $22,500 but less than $23,500 40 percent

At least $23,500 but less than $24,500 35 percent

At least $24,500 but less than $25,400 30 percent

At least $25,400 but less than $26,300 25 percent

At least $26,300 but less than $27,200 20 percent

At least $27,200 but less than $28,100 15 percent

At least $28,100 but less than $29,000 10 percent

At least $29,000 but less than $29,900 5 percent