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NY S01152
Bill
Status
1/10/2023
Primary Sponsor
Cordell Cleare
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AI Summary
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Allows municipalities to exempt social security benefits and supplemental security income (SSI) payments from income calculations for the Senior Citizen Rent Increase Exemption (SCRIE) program, provided the governing board adopts a local law, ordinance, or resolution after public hearing.
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Applies the exemption option to both section 467-b (SCRIE program) and section 467-c (Enhanced SCRIE program) of the real property tax law.
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Excludes only benefits that increase by no more than the annual consumer price index and take effect after the eligible head of household's eligibility date.
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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
1/3/2024