Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 15, 2022 |
signed chap.684 |
Dec 06, 2022 |
delivered to governor |
May 23, 2022 |
returned to senate passed assembly ordered to third reading rules cal.316 substituted for a7986 |
Mar 22, 2022 |
referred to real property taxation delivered to assembly passed senate |
Mar 14, 2022 |
advanced to third reading |
Mar 10, 2022 |
2nd report cal. |
Mar 09, 2022 |
1st report cal.666 |
Jan 05, 2022 |
referred to aging returned to senate died in assembly |
Jun 07, 2021 |
referred to real property taxation delivered to assembly passed senate |
Jun 03, 2021 |
ordered to third reading cal.1506 committee discharged and committed to rules |
May 21, 2021 |
committee discharged and committed to aging |
May 20, 2021 |
referred to judiciary |
Senate Bill S6903
Signed By Governor2021-2022 Legislative Session
Sponsored By
(D) 27th Senate District
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(D) 15th Senate District
(D, WF) 47th Senate District
2021-S6903 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7986
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §467-c, RPT L
2021-S6903 (ACTIVE) - Summary
Authorizes tax abatements for certain properties in a city with a population of one million or more containing dwelling units in which the head of household or successor in interest has a signed agreement with the landlord to limit increases in maximum rent for the lifetime of the tenancy to an amount established by the rent guidelines board in its annual guidelines for rent adjustments for housing and is otherwise eligible for such tax abatement.
2021-S6903 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6903 SPONSOR: KAVANAGH TITLE OF BILL: An act to amend the real property tax law, in relation to authorizing tax abatements for certain properties containing dwelling units PURPOSE: To also expand eligibility for SCRIE and DRIE in New York City to tenants of former Mitchell-Lama rental buildings whose landlords have entered into voluntary agreements to base future rent increases on affordability provisions deemed sufficient by the NYC Department of Housing Preservation and Developments (HPD). SUMMARY OF PROVISIONS: Section one of this legislation amends paragraph b of subdivision 1 of 467-c of the real property tax law by adding a new subdivision 13 providing that in New York City, tax abatements can be granted to eligi-
2021-S6903 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6903 2021-2022 Regular Sessions I N S E N A T E May 20, 2021 ___________ Introduced by Sen. KAVANAGH -- read twice and ordered printed, and when printed to be committed to the Committee on Judiciary AN ACT to amend the real property tax law, in relation to authorizing tax abatements for certain properties containing dwelling units THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph b of subdivision 1 of section 467-c of the real property tax law, as amended by chapter 420 of the laws of 1991, is amended and a new subdivision 13 is added to read as follows: b. "Dwelling unit" means that part of a dwelling in which an eligible head of the household resides and which is subject to the provisions of either Article II, IV, V, or XI of the private housing finance law OR THAT WAS FORMERLY SUBJECT TO THE PROVISIONS OF ARTICLE II OF SUCH LAW AND MEETS THE CONDITIONS SET FORTH IN SUBDIVISION THIRTEEN OF THIS SECTION; or that part of a dwelling which was or continues to be 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, in which an eligible head of the household resides. 13. IN A CITY WITH A POPULATION OF ONE MILLION OR MORE, ANY SUCH LOCAL LAW, ORDINANCE OR RESOLUTION MAY PROVIDE FOR THE ABATEMENT OF TAXES OF SUCH CITY IMPOSED ON REAL PROPERTY FORMERLY SUBJECT TO THE PROVISIONS OF ARTICLE II OF THE PRIVATE HOUSING FINANCE LAW CONTAINING DWELLING UNITS THAT ARE SUBJECT TO A REGULATORY AGREEMENT WITH A FEDERAL, STATE, OR LOCAL GOVERNMENTAL ENTITY OR INSTRUMENTALITY IN WHICH THE QUALIFYING HEAD OF HOUSEHOLD OR THEIR QUALIFYING SUCCESSOR IN INTEREST: (A) HAS A SIGNED AGREEMENT WITH THE LANDLORD TO LIMIT INCREASES IN MAXIMUM RENT FOR THE LIFETIME OF THE TENANCY TO AN AMOUNT ESTABLISHED BY THE RENT GUIDELINES BOARD IN ITS ANNUAL GUIDELINES FOR RENT ADJUSTMENTS FOR HOUS- ING ACCOMMODATIONS SUBJECT TO THE EMERGENCY TENANT PROTECTION ACT OF NINETEEN SEVENTY-FOUR OR THE ADMINISTRATIVE CODE OF THE CITY OF NEW YORK OR TO ANOTHER AMOUNT PROVIDED FOR IN SUCH REGULATORY AGREEMENT; AND (B) IS OTHERWISE ELIGIBLE FOR SUCH TAX ABATEMENT. § 2. This act shall take effect immediately.
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