Bill Text: NY A07230 | 2019-2020 | General Assembly | Introduced
Bill Title: 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).
Spectrum: Partisan Bill (Democrat 23-0)
Status: (Introduced - Dead) 2020-01-08 - referred to aging [A07230 Detail]
Download: New_York-2019-A07230-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 7230 2019-2020 Regular Sessions IN ASSEMBLY April 15, 2019 ___________ Introduced by M. of A. O'DONNELL, COLTON, RIVERA, BENEDETTO, DINOWITZ, PERRY, L. ROSENTHAL, DenDEKKER, MOSLEY, SEAWRIGHT -- Multi-Sponsored by -- M. of A. ABBATE, CAHILL, COOK, CUSICK, CYMBROWITZ, GLICK, GUNTHER, JAFFEE, LAVINE, M. G. MILLER, ORTIZ, PAULIN, TITUS -- read once and referred to the Committee on Aging AN ACT to amend the real property tax law, in relation to the definition of income for purposes of the senior citizen rent increase exemptions (SCRIE) program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph c of subdivision 1 of section 467-b of the real 2 property tax law, as amended by chapter 500 of the laws of 2001, is 3 amended to read as follows: 4 c. "Income" means income from all sources after deduction of all 5 income and social security taxes and includes social security and 6 retirement benefits, supplemental security income and additional state 7 payments, public assistance benefits, interest, dividends, net rental 8 income, salary or earnings, and net income from self-employment, but 9 shall not include gifts or inheritances, payments made to individuals 10 because of their status as victims of Nazi persecution, as defined in 11 P.L. 103-286, or increases in benefits accorded pursuant to the social 12 security act or a public or private pension paid to any member of the 13 household which increase, in any given year, does not exceed the consum- 14 er price index (all items United States city average) for such year 15 which take effect after the date of eligibility of head of the household 16 receiving benefits hereunder whether received by the head of the house- 17 hold or any other member of the household; provided however that income 18 shall not include income from social security benefits or supplemental 19 security income payments if the governing board of the municipality in 20 which the senior citizen resides, after public hearing, adopts a local EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11124-01-9A. 7230 2 1 law, ordinance, or resolution electing to exempt such benefits and 2 payments; 3 § 2. Paragraph f of subdivision 1 of section 467-c of the real proper- 4 ty tax law, as amended by chapter 500 of the laws of 2001, is amended to 5 read as follows: 6 f. "Income" means income received by the eligible head of the house- 7 hold combined with the income of all other members of the household from 8 all sources after deduction of all income and social security taxes and 9 includes without limitation, social security and retirement benefits, 10 supplemental security income and additional state payments, public 11 assistance benefits, interest, dividends, net rental income, salary and 12 earnings, and net income from self employment, but shall not include 13 gifts or inheritances, payments made to individuals because of their 14 status as victims of Nazi persecution as defined in P.L. 103-286, nor 15 increases in benefits accorded pursuant to the social security act or a 16 public or private pension paid to any member of the household which 17 increase, in any given year, does not exceed the consumer price index 18 (all items United States city average) for such year which take effect 19 after the eligibility date of an eligible head of the household receiv- 20 ing benefits hereunder whether received by the eligible head of the 21 household or any other member of the household. When the eligible head 22 of the household has retired on or after the commencement of the taxable 23 period and prior to the date of making an application for a rent 24 increase exemption order/tax abatement certificate pursuant to this 25 section, such person's income shall be adjusted by excluding salary or 26 earnings and projecting such person's retirement income over the entire 27 taxable period. For purposes of determining income pursuant to this 28 paragraph, income shall not include social security benefits and supple- 29 mental security income payments if the governing board of the local 30 municipality in which the senior citizen resides, after public hearing, 31 adopts a local law, ordinance, or resolution electing to exempt such 32 benefits and payments. 33 § 3. This act shall take effect immediately; provided, however, that 34 the amendments to paragraph c of subdivision 1 of section 467-b of the 35 real property tax law, made by section one of this act, shall not affect 36 the expiration of such section and shall be deemed to expire therewith.