NY A02389 | 2023-2024 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 26 2023 - 25% progression
Action: 2024-01-03 - referred to aging
Pending: Assembly Aging Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 26 2023 - 25% progression
Action: 2024-01-03 - referred to aging
Pending: Assembly Aging Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Authorizes application of the property tax abatement for rent-controlled or rent regulated properties occupied by senior citizens or disabled persons, to those units occupied by tenants paying the maximum allowable rent when such rent exceeds 1/2 of the household income; provides for state payments to cities affected thereby equal to 10% of lost real property tax revenue.
Title
Authorizes application of the property tax abatement for rent-controlled or rent regulated properties occupied by senior citizens or disabled persons, to those units occupied by tenants paying the maximum allowable rent when such rent exceeds 1/2 of the household income; provides for state payments to cities affected thereby equal to 10% of lost real property tax revenue.
Sponsors
| Asm. Erik Dilan [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-03 | Assembly | referred to aging |
| 2023-01-26 | Assembly | referred to aging |
Same As/Similar To
S08994 (Same As) 2024-05-07 - REPORTED AND COMMITTED TO FINANCE
