Bill Text: NY A08228 | 2015-2016 | General Assembly | Amended

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Bill Title: Relates to rent increase exemption orders.

Spectrum: Partisan Bill (Democrat 7-0)

Status: (Passed) 2016-09-29 - signed chap.343 [A08228 Detail]

Download: New_York-2015-A08228-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         8228--A
                               2015-2016 Regular Sessions
                   IN ASSEMBLY
                                      June 12, 2015
                                       ___________
        Introduced by M. of A. CYMBROWITZ, ROBINSON -- read once and referred to
          the  Committee  on Aging -- ordered to a third reading -- committed to
          the Committee on Aging in accordance with Assembly Rule 3, sec.  2  --
          committee  discharged,  bill amended, ordered reprinted as amended and
          recommitted to said committee
        AN ACT to amend the real property tax law, in relation to rent  increase
          exemption orders
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Subdivision 2 of section 467-b of the real property tax law
     2  is amended by adding a new paragraph (d) to read as follows:
     3    (d) (1) Provided, however, that in a city with  a  population  of  one
     4  million  or  more,  a  head  of  the  household  who has received a rent
     5  increase exemption order that has expired and who, upon renewal applica-
     6  tion for the period commencing immediately  after  such  expiration,  is
     7  determined  to be ineligible for a rent increase exemption order because
     8  the combined income of all members of the household exceeds the  maximum
     9  amount  allowed  by  this section or the maximum rent or legal regulated
    10  rent does not exceed one-third of the combined income of all members  of
    11  the  household, may submit a new application during the following calen-
    12  dar year, and if such head of the household  receives  a  rent  increase
    13  exemption order that commences during such calendar year, the tax abate-
    14  ment  amount  for  such  order shall be calculated as if such prior rent
    15  increase exemption order had not  expired.  However,  no  tax  abatement
    16  benefits may be provided for the period of ineligibility.
    17    (2) No head of the household may receive more than three rent increase
    18  exemption  orders calculated as if a prior rent increase exemption order
    19  had not expired, as described in subparagraph one of this paragraph.
    20    § 2. Paragraph a of subdivision 3 of section 467-c of the real proper-
    21  ty tax law is amended by adding a new subparagraph 4 to read as follows:
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11655-02-6