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NY S04825
Bill
Status
3/26/2019
Primary Sponsor
Kevin Parker
Click for details
AI Summary
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Allows senior citizens who lost rent increase exemption benefits due to temporary income increases lasting no more than 2 years to reapply for those benefits once their income drops back to qualifying levels.
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Permits reapplication for exemption orders/tax abatement certificates for the same dwelling unit to which the original exemption applied.
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Exempts reinstated beneficiaries from paying rent increases that occurred during their period of ineligibility, restoring them to their last rent payment prior to the temporary income increase plus any non-exempt maximum rent increases from that interim period.
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Applies immediately to all relevant senior citizen rent increase exemption applications filed on or after the effective date.
Legislative Description
Provides for a continuation of senior citizen rent increase exemption benefits after a period of ineligibility due to a head of household's temporary increase in income.
Last Action
REFERRED TO AGING
1/8/2020