Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 08, 2016 |
print number 5971a |
Feb 08, 2016 |
amend (t) and recommit to aging |
Jan 06, 2016 |
referred to aging |
Jun 25, 2015 |
recommitted to rules |
Jun 17, 2015 |
ordered to third reading cal.1763 |
Jun 14, 2015 |
referred to rules |
Senate Bill S5971A
2015-2016 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Aging Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
2015-S5971 - Details
- Current Committee:
- Senate Aging
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §§467-b & 467-c, RPT L
- Versions Introduced in Other Legislative Sessions:
-
2017-2018:
S2586
2019-2020: S924
2015-S5971 - Summary
Authorizes application of the property tax abatement for rent-controlled or rent regulated properties occupied by senior citizens or disabled persons, to those units occupied by tenants paying the maximum allowable rent when such rent exceeds 1/2 of the household income; provides for state payments to cities affected thereby equal to 10% of lost real property tax revenue.
2015-S5971 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5971 2015-2016 Regular Sessions I N S E N A T E June 14, 2015 ___________ Introduced by Sen. YOUNG -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the real property tax law, in relation to tax abatements for dwelling units occupied by certain persons residing in rent-cont- rolled or rent regulated properties, and providing state aid to cities affected by such tax abatements; and to amend chapter 576 of the laws of 1974 amending the emergency housing rent control law relating to the control of and stabilization of rent in certain cases, in relation to extending the provisions thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The section heading of section 467-b of the real property tax law, as amended by section 1 of chapter 188 of the laws of 2005, is amended to read as follows: Tax abatement for rent-controlled and rent regulated property occupied by senior citizens or persons with disabilities OR PERSONS PAYING A MAXIMUM RENT OR LEGAL REGULATED RENT WHICH EXCEEDS ONE-HALF OF THE COMBINED INCOME OF ALL MEMBERS OF THEIR HOUSEHOLD. S 2. Paragraph b of subdivision 1 of section 467-b of the real proper- ty tax law, as amended by section 1 of chapter 188 of the laws of 2005, is amended to read as follows: b. "Head of the household" means a person (i) who is sixty-two years of age or older, or (ii) who qualifies as a person with a disability pursuant to subdivision five of this section, OR (III) WHO PAYS A MAXI- MUM RENT OR LEGAL REGULATED RENT WHICH EXCEEDS ONE-HALF OF THE COMBINED INCOME OF ALL MEMBERS OF THEIR HOUSEHOLD, and is entitled to the possession or to the use or occupancy of a dwelling unit; S 3. Subdivision 2 of section 467-b of the real property tax law, as amended by chapter 747 of the laws of 1985, is amended to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11667-01-5
2015-S5971A (ACTIVE) - Details
- Current Committee:
- Senate Aging
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §§467-b & 467-c, RPT L
- Versions Introduced in Other Legislative Sessions:
-
2017-2018:
S2586
2019-2020: S924
2015-S5971A (ACTIVE) - Summary
Authorizes application of the property tax abatement for rent-controlled or rent regulated properties occupied by senior citizens or disabled persons, to those units occupied by tenants paying the maximum allowable rent when such rent exceeds 1/2 of the household income; provides for state payments to cities affected thereby equal to 10% of lost real property tax revenue.
2015-S5971A (ACTIVE) - Sponsor Memo
BILL NUMBER: S5971A TITLE OF BILL : An act to amend the real property tax law, in relation to tax abatements for dwelling units occupied by certain persons residing in rent-controlled or rent regulated properties, and providing state aid to cities affected by such tax abatements SUMMARY OF PROVISIONS : This legislation would extend the Senior Citizen Rent Increase Exemption (SCRIE) and the Disability Rent Increase Exemption (DRIE), as well as to authorize the City of New York to institute a tenant rent increase exemption program (TRIE), for tenants who pay over 50% of their income in rent and who reside within rent controlled, rent regulated, and within certain other types of housing incorporated under the private housing finance law. JUSTIFICATION : This bill extends the New York City senior citizen rent increase exemption (SCRIE) and the disability rent increase exemption (DRIE) as well as expand such program by establishing authority for the tenant rent increase exemption (TRIE) program.
2015-S5971A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5971--A 2015-2016 Regular Sessions I N S E N A T E June 14, 2015 ___________ Introduced by Sen. YOUNG -- read twice and ordered printed, and when printed to be committed to the Committee on Rules -- recommitted to the Committee on Aging in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the real property tax law, in relation to tax abatements for dwelling units occupied by certain persons residing in rent-cont- rolled or rent regulated properties, and providing state aid to cities affected by such tax abatements THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The section heading of section 467-b of the real property tax law, as amended by section 1 of chapter 188 of the laws of 2005, is amended to read as follows: Tax abatement for rent-controlled and rent regulated property occupied by senior citizens or persons with disabilities OR PERSONS PAYING A MAXIMUM RENT OR LEGAL REGULATED RENT WHICH EXCEEDS ONE-HALF OF THE COMBINED INCOME OF ALL MEMBERS OF THEIR HOUSEHOLD. S 2. Paragraph b of subdivision 1 of section 467-b of the real proper- ty tax law, as amended by section 1 of chapter 188 of the laws of 2005, is amended to read as follows: b. "Head of the household" means a person (i) who is sixty-two years of age or older, or (ii) who qualifies as a person with a disability pursuant to subdivision five of this section, OR (III) WHO PAYS A MAXI- MUM RENT OR LEGAL REGULATED RENT WHICH EXCEEDS ONE-HALF OF THE COMBINED INCOME OF ALL MEMBERS OF THEIR HOUSEHOLD, and is entitled to the possession or to the use or occupancy of a dwelling unit; S 3. Subdivision 2 of section 467-b of the real property tax law, as amended by chapter 747 of the laws of 1985, paragraph (c) as added by chapter 553 of the laws of 2015, is amended to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11667-03-6
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