Under the new law, S5175A/A3698A, localities now have the option to offer exemptions of up to 65% for seniors who fall below the maximum income eligibility thresholds set at the local level. State estimates suggest that increasing the exemption could save the average senior about $300 annually. Greg Olsen, acting director of the New York State Office for the Aging, noted that more than 1.8 million older adults in New York own their homes,
"It's all about the privacy of the data. And it's a very common practice that the businesses use your personal data. In many cases, without your knowledge, to be able to set prices or target you for advertising material," Ersin Uzun, executive director of Rochester Institute of Technology's Global Cybersecurity Institute, said.
"We're just, you know, taxiing down the runway. So much to do. We're gonna try to build the plane while we're flying in, and we will never let this affect our client service."
