Loading chat...
NY S08323
Bill
Status
2/14/2022
Primary Sponsor
Cordell Cleare
Click for details
AI Summary
-
Allows municipalities to exclude social security benefits and supplemental security income (SSI) payments from the income calculation used to determine SCRIE program eligibility.
-
Requires the governing board of a municipality to hold a public hearing and adopt a local law, ordinance, or resolution to elect this exemption for their area.
-
Amends both section 467-b (SCRIE program) and section 467-c (related exemption program) of the real property tax law with identical provisions.
-
Takes effect immediately upon enactment.
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
2/14/2022