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NY S03914
Bill
Status
2/21/2019
Primary Sponsor
Toby Stavisky
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AI Summary
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Increases income threshold for senior citizens (age 62+) receiving property tax abatement on rent-controlled or rent-regulated housing from $50,000 to $55,000 beginning July 1, 2019.
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Increases income threshold for persons with disabilities receiving property tax abatement on rent-controlled or rent-regulated housing from $50,000 to $55,000 beginning July 1, 2019.
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Applies to dwelling units where the head of household qualifies as either a senior citizen or person with a disability as defined in the law.
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Takes effect immediately upon enactment.
Legislative Description
Relates to tax abatement for rent-controlled and rent regulated property occupied by senior citizens or persons with disabilities.
Last Action
REFERRED TO AGING
1/8/2020