senate Bill S5971

2015-2016 Legislative Session

Grants real property tax abatement to rent-controlled or rent regulated properties when the maximum authorized rent exceeds 1/2 of the tenants' household income

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Aging Committee


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

Your Voice

do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

view actions (6)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Feb 08, 2016 print number 5971a
Feb 08, 2016 amend (t) and recommit to aging
Jan 06, 2016 referred to aging
Jun 25, 2015 recommitted to rules
Jun 17, 2015 ordered to third reading cal.1763
Jun 14, 2015 referred to rules

Votes

view votes

Jun 17, 2015 - Rules committee Vote

S5971
16
9
committee
16
Aye
9
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Rules committee vote details

S5971 - Details

Current Committee:
Senate Aging
Law Section:
Real Property Tax Law
Laws Affected:
Amd §§467-b & 467-c, RPT L; amd §17, Chap 576 of 1974
Versions Introduced in Other Legislative Sessions:
2017-2018: S2586
2019-2020: S924

S5971 - Summary

Authorizes application of the property tax abatement for rent-controlled or rent regulated properties occupied by senior citizens or disabled persons, to those units occupied by tenants paying the maximum allowable rent when such rent exceeds 1/2 of the household income; provides for state payments to cities affected thereby equal to 10% of lost real property tax revenue.

S5971 - Bill Text download pdf

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

                                  5971

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              June 14, 2015
                               ___________

Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules

AN ACT to amend the real property tax law, in relation to tax abatements
  for dwelling units occupied by certain persons residing in  rent-cont-
  rolled or rent regulated properties, and providing state aid to cities
  affected  by such tax abatements; and to amend chapter 576 of the laws
  of 1974 amending the emergency housing rent control  law  relating  to
  the control of and stabilization of rent in certain cases, in relation
  to extending the provisions thereof

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

  Section 1. The section heading of section 467-b of the  real  property
tax  law, as amended by section 1 of chapter 188 of the laws of 2005, is
amended to read as follows:
  Tax abatement for rent-controlled and rent regulated property occupied
by senior citizens or persons with  disabilities  OR  PERSONS  PAYING  A
MAXIMUM  RENT  OR  LEGAL  REGULATED  RENT  WHICH EXCEEDS ONE-HALF OF THE
COMBINED INCOME OF ALL MEMBERS OF THEIR HOUSEHOLD.
  S 2. Paragraph b of subdivision 1 of section 467-b of the real proper-
ty tax law, as amended by section 1 of chapter 188 of the laws of  2005,
is amended to read as follows:
  b.  "Head  of the household" means a person (i) who is sixty-two years
of age or older, or (ii) who qualifies as a  person  with  a  disability
pursuant  to subdivision five of this section, OR (III) WHO PAYS A MAXI-
MUM RENT OR LEGAL REGULATED RENT WHICH EXCEEDS ONE-HALF OF THE  COMBINED
INCOME  OF  ALL  MEMBERS  OF  THEIR  HOUSEHOLD,  and  is entitled to the
possession or to the use or occupancy of a dwelling unit;
  S 3. Subdivision 2 of section 467-b of the real property tax  law,  as
amended  by  chapter  747  of  the  laws  of 1985, is amended to read as
follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11667-01-5

S5971A (ACTIVE) - Details

Current Committee:
Senate Aging
Law Section:
Real Property Tax Law
Laws Affected:
Amd §§467-b & 467-c, RPT L; amd §17, Chap 576 of 1974
Versions Introduced in Other Legislative Sessions:
2017-2018: S2586
2019-2020: S924

S5971A (ACTIVE) - Summary

Authorizes application of the property tax abatement for rent-controlled or rent regulated properties occupied by senior citizens or disabled persons, to those units occupied by tenants paying the maximum allowable rent when such rent exceeds 1/2 of the household income; provides for state payments to cities affected thereby equal to 10% of lost real property tax revenue.

S5971A (ACTIVE) - Sponsor Memo

S5971A (ACTIVE) - Bill Text download pdf

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

                                 5971--A

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              June 14, 2015
                               ___________

Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules  --  recommitted  to
  the  Committee  on  Aging  in accordance with Senate Rule 6, sec. 8 --
  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 tax abatements
  for  dwelling units occupied by certain persons residing in rent-cont-
  rolled or rent regulated properties, and providing state aid to cities
  affected by such tax abatements

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

  Section  1.  The section heading of section 467-b of the real property
tax law, as amended by section 1 of chapter 188 of the laws of 2005,  is
amended to read as follows:
  Tax abatement for rent-controlled and rent regulated property occupied
by  senior  citizens  or  persons  with disabilities OR PERSONS PAYING A
MAXIMUM RENT OR LEGAL REGULATED  RENT  WHICH  EXCEEDS  ONE-HALF  OF  THE
COMBINED INCOME OF ALL MEMBERS OF THEIR HOUSEHOLD.
  S 2. Paragraph b of subdivision 1 of section 467-b of the real proper-
ty  tax law, as amended by section 1 of chapter 188 of the laws of 2005,
is amended to read as follows:
  b. "Head of the household" means a person (i) who is  sixty-two  years
of  age  or  older,  or (ii) who qualifies as a person with a disability
pursuant to subdivision five of this section, OR (III) WHO PAYS A  MAXI-
MUM  RENT OR LEGAL REGULATED RENT WHICH EXCEEDS ONE-HALF OF THE COMBINED
INCOME OF ALL MEMBERS  OF  THEIR  HOUSEHOLD,  and  is  entitled  to  the
possession or to the use or occupancy of a dwelling unit;
  S  3.  Subdivision 2 of section 467-b of the real property tax law, as
amended by chapter 747 of the laws of 1985, paragraph (c)  as  added  by
chapter 553 of the laws of 2015, is amended to read as follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11667-03-6

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.