S 5226 New York Senate · 2017 Regular Session

Reduces from one-third to one-fourth of income the applicability of the senior citizens' rent increase exemption

Summary
Provides that the tax abatements for certain rent-controlled and rent-regulated property occupied by senior citizens commonly known as the senior citizens' rent increase exemption (SCRIE) shall be applicable where the rent constitutes more than one-fourth rather than one-third of the tenant's income.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2017
Committee Review
Floor Vote
Governor
Introduced Mar 16, 2017 Last action Jan 3, 2018
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Full legislative history

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Total actions
2
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0
Committee
2
Jan 3, 2018
Senate · Referred to committee
REFERRED TO AGING
Mar 16, 2017
Senate · Referred to committee
REFERRED TO AGING
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Toby Stavisky
Toby Stavisky
DDemocratic
NY
11