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Bill > S06965


NY S06965

NY S06965
Relates to applicants eligible for a rent increase exemption order and abatement of taxes pursuant to certain local law, ordinance or resolution in a city with a population of one million or more; provides that such applicants shall be those found eligible before 03/31/2024.


summary

Introduced
05/16/2023
In Committee
05/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the real property tax law, in relation to applicants eligible for a rent increase exemption order and abatement of taxes pursuant to certain local law, ordinance or resolution in a city with a population of one million or more

AI Summary

This bill amends the Real Property Tax Law to extend the deadline for applicants to be eligible for a rent increase exemption order and tax abatement in a city with a population of one million or more. The bill changes the eligibility deadline from within 180 days of the law taking effect to on or before March 31, 2024. This provision aims to provide more time for eligible applicants to apply for the rent increase exemption and tax abatement in such cities, which are typically large urban areas like New York City.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

SUBSTITUTED BY A7394 (on 06/07/2023)

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