|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|May 26, 2021||referred to aging|
delivered to assembly
|May 24, 2021||advanced to third reading|
|May 20, 2021||2nd report cal.|
|May 19, 2021||1st report cal.1194|
|May 11, 2021||reported and committed to finance|
|Feb 03, 2021||referred to aging|
senate Bill S4216
Current Bill Status - Passed Senate
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S4216 (ACTIVE) - Details
S4216 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4216 SPONSOR: STAVISKY TITLE OF BILL: An act to amend the real property tax law, in relation to tax abatement for rent-controlled and rent regulated property occupied by senior citi- zens or persons with disabilities PURPOSE OR GENERAL IDEA OF BILL: To allow localities to raise the income eligibility limits for the Senior Citizen Rent Increase Exemption (SCRIE) or Disabled Rent Increase Exemption (DRIE) program to $55,000 beginning on July 1, 2016. SUMMARY OF SPECIFIC PROVISIONS: Section 1. Paragraphs a and b of subdivision 3 of section 467-b of the real property tax law, paragraph a, as amended by section 1 of' part U of chapter 55 of the laws of 2014, and paragraph b, as amended by chap- ter 129 of the laws of 23014, are amended to allow an income of fifty-
S4216 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4216 2021-2022 Regular Sessions I N S E N A T E February 3, 2021 ___________ Introduced by Sen. STAVISKY -- 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 tax abatement for rent-controlled and rent regulated property occupied by senior citizens or persons with disabilities THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraphs a and b of subdivision 3 of section 467-b of the real property tax law, paragraph a as amended by section 1 of part U of chapter 55 of the laws of 2014 and paragraph b as amended by chapter 129 of the laws of 2014, are 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, twenty-nine thousand dollars beginning July first, two thousand nine, and fifty thousand dollars beginning July first, two thousand fourteen, AND FIFTY-FIVE THOUSAND DOLLARS BEGINNING JULY FIRST, TWO THOUSAND TWENTY-ONE, 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. b. for a dwelling unit where the head of the household qualifies as a person with a disability pursuant to subdivision five of this section, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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