Bill

Bill > S06459


NY S06459

NY S06459
Relates to providing a rent increase exemption to persons with disabilities.


summary

Introduced
03/14/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the real property tax law, in relation to providing a rent increase exemption to persons with disabilities

AI Summary

This bill modifies the real property tax law to provide more nuanced rent increase exemptions for people with disabilities by creating different income thresholds based on the type of disability benefits a person receives. Specifically, the bill establishes separate income limits for individuals receiving Supplemental Security Income (SSI), Social Security Disability Insurance (SSDI), medical assistance benefits, or disability benefits from the U.S. Department of Veterans Affairs. For SSI recipients, the income limit will be the maximum allowed under federal law; for SSDI recipients, the income limit is set at $29,000; for veterans with disability benefits, the income limit will be the maximum allowed under federal law for their specific disability compensation. The bill also allows municipalities to adopt local laws that implement these income thresholds without requiring a completely new legislative process. Additionally, the bill provides flexibility for households where the head of household has recently retired, allowing for income adjustments by excluding salary and projecting retirement income. The changes aim to provide more targeted and equitable tax relief for people with disabilities based on their specific circumstances and types of benefits.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

REFERRED TO AGING (on 01/07/2026)

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