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NY S04143

Bill

Official Source

Status

Introduced

2/2/2021

Primary Sponsor

Toby Stavisky

Click for details

Origin

Senate

2021-2022 General Assembly

AI Summary

  • Exempts qualified homeowners aged 65 and older from future water rate increases in New York City
  • Requires homeowners to own a one to four family home as their primary residence and have household income below $50,000 for two consecutive tax years beginning in 2019
  • Allows the Department of Environmental Protection Commissioner to suspend the exemption for up to one calendar year during droughts or water shortage emergencies
  • Permits qualified homeowners to claim this exemption in addition to any other eligible exemptions or credits
  • Takes effect July 1, 2023

Legislative Description

Provides that any qualified homeowner in the city of New York shall be eligible to be exempted from any future increases in water rate fees.

Last Action

REFERRED TO CITIES 1

1/5/2022

Committee Referrals

Cities 12/2/2021

Full Bill Text

No bill text available