Bill Texts: NY A07308 | 2019-2020 | General Assembly

Bill 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.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to aging [A07308 Detail]

Bill Drafts

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Introduced2019-04-22HTML/TextLinkView

Amendments

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No bill amendments currently on file for New York A07308

Supplemental Documents

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No supplemental documents for New York A07308 currently on file.

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