Bill Text: NY A07914 | 2015-2016 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Relates to determining the rent increase exemption amount for individuals in a city with a population of one million or more.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced - Dead) 2015-06-18 - substituted by s5721a [A07914 Detail]

Download: New_York-2015-A07914-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7914
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                     May 29, 2015
                                      ___________
       Introduced  by M. of A. CYMBROWITZ, LINARES -- read once and referred to
         the Committee on Aging
       AN ACT to amend the real property tax law, in  relation  to  determining
         the  rent  increase  exemption amount for individuals in a city with a
         population of one million or more
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Paragraphs (a) and (b) of subdivision 2 of section 467-b of
    2  the  real  property  tax  law,  as amended by chapter 747 of the laws of
    3  1985, are amended and a new paragraph (c) is added to read as follows:
    4    (a) where the head of the household does not receive a monthly  allow-
    5  ance  for  shelter pursuant to the social services law, an amount not in
    6  excess of that portion of any increase in maximum rent  or  legal  regu-
    7  lated  rent  which  causes  such maximum rent or legal regulated rent to
    8  exceed one-third of the combined income of all members of the household;
    9  [or]
   10    (b) where the head of the household receives a monthly  allowance  for
   11  shelter  pursuant to the social services law, an amount not in excess of
   12  that portion of any increase in maximum rent  or  legal  regulated  rent
   13  which  is  not  covered  by the maximum allowance for shelter which such
   14  person is entitled to receive pursuant to the social services law[.]; OR
   15    (C) IN A CITY WITH A POPULATION OF ONE MILLION OR MORE,  (1)  WHERE  A
   16  HEAD  OF  HOUSEHOLD  WAS ENROLLED IN THE EXEMPTION PROGRAM AS OF JANUARY
   17  FIRST, TWO THOUSAND FIFTEEN, AN AMOUNT EQUAL TO THE  DIFFERENCE  BETWEEN
   18  THE  MAXIMUM  RENT  OR  LEGAL  REGULATED RENT AND THE AMOUNT THE HEAD OF
   19  HOUSEHOLD WAS REQUIRED TO ACTUALLY PAY AS OF JANUARY FIRST, TWO THOUSAND
   20  FIFTEEN; AND (2) WHERE A HEAD OF HOUSEHOLD HAS ENROLLED IN THE EXEMPTION
   21  PROGRAM AFTER JANUARY FIRST, TWO THOUSAND FIFTEEN, AN AMOUNT  DETERMINED
   22  BY PARAGRAPH (A) OR (B) OF THIS SUBDIVISION.
   23    S  2.  This act shall take effect immediately, provided, however, that
   24  the amendments to subdivision 2 of section 467-b of  the  real  property
   25  tax  law made by section one of this act shall not affect the expiration
   26  of such section and shall be deemed to expire therewith.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD11396-03-5