BILL NUMBER: S6470
SPONSOR: CLEARE
 
TITLE OF BILL:
An act to amend the real property tax law, in relation to redetermi-
nation based on income for a tax abatement for rent-controlled and rent
regulated property occupied by senior citizens or persons with disabili-
ties
 
PURPOSE:
This bill requires that the frozen rent of a recipient of the Senior
Citizen Rent Increase Exemption (SCREE) or Disability Rent Increase
Exemption (DRIE) only be increased by the administering agency if the
recipient household's income experiences a permanent increase of at
least twenty percent.
 
SUMMARY OF SPECIFIC PROVISIONS:
Section one amends paragraph g of subdivision 3 of section 467-b of the
real property tax law
Section two sets forth the effective date:
 
JUSTIFICATION:
Certain localities administering SCRIE and DRIE programs have enacted
local laws requiring increases in a household's frozen rent if the rent
falls below one-third of that household's income at the time of the
renewal application. However, since State law prohibits reductions in a
frozen rent except for permanent decreases in income, a household with a
temporary increase in income could therefore have a permanent increase
in frozen rent without possible redress, which goes against the spirit
of the law. This bill would require an administering locality, when
considering an applicant's redetermination based on income, to apply the
same standards of permanence to increases of at least twenty percent.
 
LEGISLATIVE HISTORY:
2019-20: A.1215 - Referred to Aging
2017-18: A.4214 -Referred to Aging
2015-16: A.814 - Referred to Aging
2013-14: A.8700 -Referred to Aging
 
FISCAL IMPLICATIONS:
None to the State.
 
EFFECTIVE DATE:
This bill shall take effect immediately.

Statutes affected:
S6470: 467-b real property tax law, 467-b(3) real property tax law