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Bill > A07394


NY A07394

NY A07394
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
05/19/2023
In Committee
05/31/2023
Crossed Over
06/07/2023
Passed
07/21/2023
Dead
Signed/Enacted/Adopted
07/28/2023

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 found eligible for a rent increase exemption order and abatement of taxes in a city with a population of one million or more. Previously, applicants had to be found eligible within 180 days of the effective date of the law. The bill now extends that deadline to March 31, 2024, allowing more time for applicants to be deemed eligible for these tax relief measures.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

signed chap.232 (on 07/28/2023)

bill text


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