Bill > A02666

This bill requires all municipal corporations (local government entities like cities or towns) to implement senior citizen and disability rent increase exemption programs within one year of the law's effective date. Specifically, the bill modifies existing real property tax law by changing the language from permissive (municipal corporations are "authorized and empowered to" adopt exemption programs) to mandatory (municipal corporations "shall" adopt such programs). The bill mandates that these local governments must hold a public hearing and create a local law, ordinance, or resolution that provides tax abatements for residential properties where tenants are seniors or have disabilities. By removing optional language and inserting a requirement for implementation within one year, the bill aims to ensure more consistent and widespread protection for vulnerable populations against rent increases. The bill would take effect immediately upon passage, giving municipal corporations one year from that date to develop and implement these rent increase exemption programs.

Health and Social Services

https://www.nysenate.gov/legislation/bills/2025/A2666