Bill Text: NY A01790 | 2013-2014 | General Assembly | Introduced
Bill Title: Provides for annual adjustment by the commissioner of housing and community renewal of the maximum income threshold for eligibility for the senior citizens' rent increase exemption (SCRIE) and for the municipal property tax abatement for rent-controlled and rent regulated property occupied by senior citizens by any increase in the consumer price index (CPI).
Spectrum: Partisan Bill (Democrat 17-0)
Status: (Introduced - Dead) 2014-01-08 - referred to aging [A01790 Detail]
Download: New_York-2013-A01790-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 1790 2013-2014 Regular Sessions I N A S S E M B L Y (PREFILED) January 9, 2013 ___________ Introduced by M. of A. MILLMAN, DINOWITZ, CASTRO, CRESPO, JAFFEE, SIMO- TAS, COLTON, BARRON, ROSENTHAL, ROBINSON, WEPRIN, HOOPER -- Multi- Sponsored by -- M. of A. ABBATE, AUBRY, SCHIMEL, STEVENSON, TITONE, WEISENBERG -- read once and referred to the Committee on Aging AN ACT to amend the real property tax law, in relation to increasing the combined household income limit for eligibility for a senior citizen rent increase exemption (SCRIE) and for a municipal property tax abatement for rent-controlled and rent regulated property occupied by senior citizens on the basis of the consumer price index THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Paragraph a of subdivision 3 of section 467-b of the real 2 property tax law, as separately amended by chapters 188 and 205 of the 3 laws of 2005, is amended to read as follows: 4 a. for a dwelling unit where the head of the household is a person 5 sixty-two years of age or older, no tax abatement shall be granted if 6 the combined income of all members of the household for the income tax 7 year immediately preceding the date of making application exceeds four 8 thousand dollars, or such other sum not more than twenty-five thousand 9 dollars beginning July first, two thousand five, twenty-six thousand 10 dollars beginning July first, two thousand six, twenty-seven thousand 11 dollars beginning July first, two thousand seven, twenty-eight thousand 12 dollars beginning July first, two thousand eight, and twenty-nine thou- 13 sand dollars beginning July first, two thousand nine, as may be provided 14 by the local law, ordinance or resolution adopted pursuant to this 15 section, provided that when the head of the household retires before the 16 commencement of such income tax year and the date of filing the applica- 17 tion, the income for such year may be adjusted by excluding salary or 18 earnings and projecting his or her retirement income over the entire 19 period of such year. THE MAXIMUM INCOME THRESHOLD PROVIDED FOR HEREIN EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02025-01-3 A. 1790 2 1 SHALL BE INCREASED BY ORDER OF THE COMMISSIONER OF THE STATE DIVISION OF 2 HOUSING AND COMMUNITY RENEWAL ON JANUARY FIRST OF EACH YEAR TO REFLECT 3 ANY INCREASE IN THE REGIONAL CONSUMER PRICE INDEX FOR THE N.Y., 4 N.Y.-NORTHEASTERN, N.J. AREA, BASED UPON THE INDEX FOR ALL URBAN CONSUM- 5 ERS (CPI-U) DURING THE PRECEDING TWELVE MONTH PERIOD. 6 S 2. Paragraph d of subdivision 1 of section 467-c of the real proper- 7 ty tax law, as separately amended by chapters 188 and 205 of the laws of 8 2005, is amended to read as follows: 9 d. "Eligible head of the household" means (1) a person or his or her 10 spouse who is sixty-two years of age or older and is entitled to the 11 possession or to the use and occupancy of a dwelling unit, provided, 12 however, with respect to a dwelling which was subject to a mortgage 13 insured or initially insured by the federal government pursuant to 14 section two hundred thirteen of the National Housing Act, as amended 15 "eligible head of the household" shall be limited to that person or his 16 or her spouse who was entitled to possession or the use and occupancy of 17 such dwelling unit at the time of termination of such mortgage, and 18 whose income when combined with the income of all other members of the 19 household, does not exceed six thousand five hundred dollars for the 20 taxable period, or such other sum not less than sixty-five hundred 21 dollars nor more than twenty-five thousand dollars beginning July first, 22 two thousand five, twenty-six thousand dollars beginning July first, two 23 thousand six, twenty-seven thousand dollars beginning July first, two 24 thousand seven, twenty-eight thousand dollars beginning July first, two 25 thousand eight, and twenty-nine thousand dollars beginning July first, 26 two thousand nine, as may be provided by local law; or (2) a person with 27 a disability as defined in this subdivision. THE MAXIMUM INCOME THRESH- 28 OLD PROVIDED FOR HEREIN SHALL BE INCREASED BY ORDER OF THE COMMISSIONER 29 OF THE STATE DIVISION OF HOUSING AND COMMUNITY RENEWAL ON JANUARY FIRST 30 OF EACH YEAR TO REFLECT ANY INCREASE IN THE REGIONAL CONSUMER PRICE 31 INDEX FOR THE N.Y., N.Y.-NORTHEASTERN, N.J. AREA, BASED UPON THE INDEX 32 FOR ALL URBAN CONSUMERS (CPI-U) DURING THE PRECEDING TWELVE MONTH PERI- 33 OD. 34 S 3. This act shall take effect immediately, provided that the amend- 35 ment to paragraph a of subdivision 3 of section 467-b of the real prop- 36 erty tax law made by section one of this act shall not affect the expi- 37 ration of such section pursuant to section 17 of chapter 576 of the laws 38 of 1974, as amended, and shall be deemed to expire therewith.