senate Bill S6746

2013-2014 Legislative Session

Increases to $50,000 the annual income of a senior citizen's household for purposes of eligibility for the tax abatement and exemption for rent controlled or regulated property

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 05, 2014 referred to aging

Co-Sponsors

S6746 - Bill Details

Current Committee:
Law Section:
Real Property Tax Law
Laws Affected:
Amd §§467-b & 467-c, RPT L

S6746 - Bill Texts

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Increases to $50,000 the annual income of a senior citizen's household for purposes of eligibility for the tax abatement and exemption for rent controlled or regulated property.

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BILL NUMBER:S6746

TITLE OF BILL: An act to amend the real property tax law, in relation
to the tax abatement and exemption for rent regulated and rent
controlled property occupied by senior citizens

PURPOSE OR GENERAL IDEA OF BILL:

Increases the income thresholds to qualify for the Senior Citizen Rent
Increase Exemption (SCRIE) program to $50,000.

SUMMARY OF SPECIFIC PROVISIONS:

Section 1: Amends paragraph a of subdivision 3 of § 467-b of the Real
Tax Property Law to increase the maximum income allowable for the tax
abatement to $50,000.

Section 2: Amends paragraph d of subdivision 1 of § 467-c of the Real
Property Tax law, changing the "eligible head of household" definition
to reflect such an increase.

Section 3: Effective date.

JUSTIFICATION:

According to NYC's Housing Vacancy data, there are 90,000 older New
Yorkers paying 40-50% or more of their income in rent. This level of
rent burden is unsustainable, especially for individuals with fixed
incomes. The unaffordable housing crisis in NYC and across the state
makes older adults susceptible to homelessness.

Too many older New Yorkers are ineligible for SCRIE under the current
rules. The maximum income level has remained stagnant since 2009.
During this time, rents have significantly increased. As a result, the
IDC proposes to increase the income threshold to qualify for SCRIE to
$50,000. Such an expansion will help thousands remain in their homes.

PRIOR LEGISLATIVE HISTORY:

None.

FISCAL IMPLICATIONS:

$5 million state appropriation to reimburse municipalities
administering SCRIE.

EFFECTIVE DATE:

Immediately.

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                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  6746

                            I N  S E N A T E

                              March 5, 2014
                               ___________

Introduced  by  Sens.  SAVINO,  AVELLA, KLEIN, VALESKY, CARLUCCI -- read
  twice and ordered printed, and when printed to  be  committed  to  the
  Committee on Aging

AN ACT to amend the real property tax law, in relation to the tax abate-
  ment  and  exemption  for  rent regulated and rent controlled property
  occupied by senior citizens

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Paragraph a of subdivision 3 of section 467-b of the real
property tax law, as separately amended by chapters 188 and 205  of  the
laws of 2005, is amended to read as follows:
  a.  for  a  dwelling  unit where the head of the household is a person
sixty-two years of age or older, no tax abatement shall  be  granted  if
the  combined  income of all members of the household for the income tax
year immediately preceding the date of making application  exceeds  four
thousand  dollars,  or such other sum not more than twenty-five thousand
dollars beginning July first, two  thousand  five,  twenty-six  thousand
dollars  beginning  July  first, two thousand six, twenty-seven thousand
dollars beginning July first, two thousand seven, twenty-eight  thousand
dollars  beginning  July  first,  two  thousand eight, [and] twenty-nine
thousand dollars beginning July first,  two  thousand  nine,  AND  FIFTY
THOUSAND  DOLLARS BEGINNING JULY FIRST, TWO THOUSAND FOURTEEN, as may be
provided by the local law, ordinance or resolution adopted  pursuant  to
this  section,  provided  that  when  the  head of the household retires
before the commencement of such income tax year and the date  of  filing
the  application,  the income for such year may be adjusted by excluding
salary or earnings and projecting his or her retirement income over  the
entire period of such year.
  S  2.  Subparagraph 1 of paragraph d of subdivision 1 of section 467-c
of the real property tax law, as separately amended by chapters 188  and
205 of the laws of 2005, is amended to read as follows:
  (1)  a  person  or  his or her spouse who is sixty-two years of age or
older and is entitled to the possession or to the use and occupancy of a
dwelling unit, provided, however, with respect to a dwelling  which  was

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14258-01-4

S. 6746                             2

subject  to  a  mortgage  insured  or  initially  insured by the federal
government pursuant to section two  hundred  thirteen  of  the  National
Housing Act, as amended "eligible head of the household" shall be limit-
ed to that person or his or her spouse who was entitled to possession or
the  use  and occupancy of such dwelling unit at the time of termination
of such mortgage, and whose income when combined with the income of  all
other  members  of  the  household,  does  not  exceed six thousand five
hundred dollars for the taxable period, or such other sum not less  than
sixty-five  hundred  dollars  nor more than twenty-five thousand dollars
beginning July first, two thousand  five,  twenty-six  thousand  dollars
beginning  July  first,  two thousand six, twenty-seven thousand dollars
beginning July first, two thousand seven, twenty-eight thousand  dollars
beginning  July  first,  two  thousand eight, [and] twenty-nine thousand
dollars beginning July first, two  thousand  nine,  AND  FIFTY  THOUSAND
DOLLARS  BEGINNING JULY FIRST, TWO THOUSAND FOURTEEN, as may be provided
by local law; or
  S 3. This act shall take effect immediately; provided that the  amend-
ment  to  section 467-b of the real property tax law made by section one
of this act shall not affect the expiration of such section and shall be
deemed to expire therewith.

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