Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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Feb 14, 2020 |
referred to aging |
Senate Bill S7754
2019-2020 Legislative Session
Sponsored By
(D) 27th Senate District
Archive: Last Bill Status - In Senate Committee Aging Committee
- Introduced
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- In Committee Assembly
- In Committee Senate
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- On Floor Calendar Assembly
- On Floor Calendar Senate
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- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2019-S7754 (ACTIVE) - Details
2019-S7754 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7754 SPONSOR: KAVANAGH TITLE OF BILL: An act to amend the real property tax law and the administrative code of the city of New York, in relation to establishing a maximum rent of one-third of household income for the senior citizens rent increase exemption (SCRIE) and disability rent increase exemption (DRIE) PURPOSE: The purpose of this bill is to change the formula applicable to New York City that sets a tenant's portion of rent under the SCRIE and DRIE programs to ensure that the maximum rent a tenant is responsible to pay does not exceed one-third of their household income. SUMMARY OF PROVISIONS: The bill amends section 467-b subdivision 4 of the real property tax law by adding a new subdivision (b-1) that prescribes the framework for the
2019-S7754 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7754 I N S E N A T E February 14, 2020 ___________ Introduced by Sen. KAVANAGH -- read twice and ordered printed, and when printed to be committed to the Committee on Aging AN ACT to amend the real property tax law and the administrative code of the city of New York, in relation to establishing a maximum rent of one-third of household income for the senior citizens rent increase exemption (SCRIE) and disability rent increase exemption (DRIE) THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "senior citizens rent increase exemption (SCRIE) and disability rent increase exemption (DRIE) rollback act". § 2. Subdivision 4 of section 467-b of the real property tax law is amended by adding a new paragraph (c) to read as follows: (C) PROVIDED, HOWEVER, THAT IN A CITY OF A POPULATION OF ONE MILLION OR MORE, A TAX ABATEMENT CERTIFICATE SETTING FORTH AN AMOUNT EQUAL TO THE AMOUNT BY WHICH THE MAXIMUM RENT OR LEGAL REGULATED RENT OF THE SUBSEQUENT DWELLING UNIT EXCEEDS ONE-THIRD OF THE COMBINED INCOME OF ALL MEMBERS OF THE HOUSEHOLD FOR THE TAXABLE PERIOD SHALL BE ISSUED BY SAID AGENCY TO EACH HEAD OF HOUSEHOLD WHO IS FOUND TO BE ELIGIBLE UNDER THIS SECTION AND UPON APPLICATION TO THE APPROPRIATE RENT CONTROL AGENCY OR ADMINISTRATIVE AGENCY ON A FORM PRESCRIBED BY SAID AGENCY ON OR BEFORE THE LAST DATE PRESCRIBED BY LAW FOR THE PAYMENT OF THE TAXES OR THE FIRST INSTALLMENT THEREFOR OF ANY MUNICIPAL CORPORATION WHICH HAS GRANT- ED AN ABATEMENT OF TAXES. COPIES OF SUCH CERTIFICATE SHALL BE ISSUED TO THE OWNER OF THE REAL PROPERTY CONTAINING THE DWELLING UNIT OF THE HEAD OF THE HOUSEHOLD AND TO THE COLLECTING OFFICER CHARGED WITH THE DUTY OF COLLECTING THE TAXES OR EACH MUNICIPAL CORPORATION WHICH HAS GRANTED THE ABATEMENT OF TAXES AUTHORIZED BY THIS SECTION. § 3. Subdivision (a) of section 26-605 of the administrative code of the city of New York, as amended by local law number 98 of the city of New York for the year 1985 and paragraph 3 as added by chapter 553 of the laws of 2015, is amended to read as follows: (a) Subject to the provisions of this chapter an eligible head of the household may obtain a rent increase exemption order/tax abatement EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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