NY A06669 | 2017-2018 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 48-0)
Status: Introduced on March 15 2017 - 25% progression, died in committee
Action: 2017-03-15 - referred to aging
Pending: Assembly Aging Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 15 2017 - 25% progression, died in committee
Action: 2017-03-15 - 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
History
| Date | Chamber | Action |
|---|---|---|
| 2017-03-15 | Assembly | referred to aging |
