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NY S04788
Bill
Status
4/24/2013
Primary Sponsor
Diane Savino
Click for details
AI Summary
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Amends Real Property Tax Law Section 467 to allow cities with populations of one million or more to include water fees and assessments based on metered water use in calculating senior citizen property tax exemptions
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Amends Real Property Tax Law Section 467-b to permit cities with populations of one million or more to include metered water charges in the calculation of the amount of real property tax on which tax abatements are computed
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Amends Real Property Tax Law Section 467-c to allow cities with populations of one million or more to include water fees and assessments based on metered water use when computing rent increase exemptions and tax abatements
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Takes effect on January 1 following enactment, except the Section 467-b amendments expire on the same date that Section 467-b expires under Chapter 576 of the Laws of 1974
Legislative Description
Allows a city of one million or more to provide tax and rent relief to senior citizens based on the metered use of water in a dwelling unit.
Last Action
REFERRED TO AGING
1/8/2014