What's happening
This bill allows redetermination of property tax abatements for senior or disabled tenants when their household income changes by more than 20%.
Why it matters
Provides tenants with more flexibility and security. by allowing them to request a new property tax abatement determination if their household income increases or decreases by more than 20%, ensuring abatements better match their current financial situation.
Empowers the city rent agency to initiate redeterminations. , not just tenants, which could help ensure eligible seniors and disabled renters receive the correct abatement without needing to navigate complex application processes themselves.
Helps prevent financial hardship for vulnerable renters. by ensuring their rent-to-income ratio remains consistent with what was originally approved, potentially reducing sudden rent spikes or losses in abatement due to income changes.
Could increase administrative oversight and program accuracy. , since more frequent or agency-initiated reviews may catch errors or unreported changes, ensuring the program benefits those who truly qualify.
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Who cares
Headline styles
Easier Rent Aid for Seniors
Plain English, a few words. Used as the page title.
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History
- Referred to aging
- Referred to aging
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1215
2019-2020 Regular Sessions
IN ASSEMBLY
January 14, 2019
Introduced by M. of A. L. ROSENTHAL -- read once and referred to the Committee on Aging
AN ACT to amend the real property tax law, in relation to redetermination based on income for a 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 Assembly, do enact as follows:
Section 1. Paragraph g of subdivision 3 of section 467-b of the real property tax law, as amended by chapter 553 of the laws of 2015, is amended to read as follows:
g. notwithstanding any other provision of law to the contrary, where a head of the household holds a current, valid tax abatement certificate and[, after the effective date of this paragraph,] there is a permanent increase or decrease in the combined income of all members of the household in an amount which exceeds twenty percent of such income as represented in such head of the household's last approved application for a tax abatement certificate or for renewal thereof, such head of the household may apply for a redetermination of the amount set forth therein. Such determination may also be undertaken by the city rent agency. Upon [application] redetermination, such amount shall be redetermined so as to re-establish the ratio of adjusted rent to income which existed at the time of approval of such head of the household's last application for a tax abatement certificate or for renewal thereof; provided, however, that in no event shall the amount of the adjusted rent be redetermined to be (i) in the case of a head of the household who does not receive a monthly allowance for shelter pursuant to the social services law, less than one-third of the combined income of all members of the household unless such head of the household has been granted a rent increase exemption order that is in effect as of January first, two thousand fifteen or takes effect on or before July first, two thousand
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03229-01-9
A. 1215 2
fifteen; or (ii) in the case of a head of the household who receives a monthly allowance for shelter pursuant to the social services law, less than the maximum allowance for shelter which such head of the household is entitled to receive pursuant to such law. For purposes of this paragraph, a decrease in the combined income of all members of the household shall not include any decrease in such income resulting from the manner in which income is calculated pursuant to any amendment to paragraph c of subdivision one of this section made on or after April first, nineteen hundred eighty-seven. For purposes of this paragraph, "adjusted rent" shall mean maximum rent or legal regulated rent less the amount set forth in a tax abatement certificate.
§ 2. This act shall take effect immediately, provided that the amendments to paragraph g of subdivision 3 of section 467-b of the real property tax law, made by section one of this act, shall not affect the expiration of such section and shall be deemed to expire therewith.
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