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NY S01251
Bill
Status
1/6/2011
Primary Sponsor
Joseph Addabbo
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AI Summary
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Amends the definition of "income" in the Senior Citizen Rent Increase Exemptions (SCRIE) program to exclude social security benefits and supplemental security income payments, but only if the local municipality adopts a local law, ordinance, or resolution to elect this exemption after a public hearing
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Applies the same income exclusion provision to the comparable rent increase exemption program under section 467-c of the real property tax law
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Allows municipalities to independently decide whether to exclude these benefits from income calculations for SCRIE eligibility purposes
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Takes effect immediately, except amendments to section 467-b expire when that section expires
Legislative Description
Excludes social security payments and supplemental security income from the definition of "income" for the purposes of determining eligibility under the senior citizen rent increase exemption (SCRIE).
Last Action
REFERRED TO AGING
1/4/2012