Bill > A07729

This bill modifies the Senior Citizens Rent Increase Exemption (SCRIE) and Disability Rent Increase Exemption (DRIE) programs in New York City to establish a maximum rent of one-third of household income for eligible seniors and people with disabilities. The legislation provides a tax abatement certificate for households where the rent exceeds one-third of their combined income, allowing these vulnerable populations to receive financial relief. Specifically, the bill amends existing laws to ensure that landlords cannot collect rent higher than one-third of the household's aggregate disposable income for participants in these programs. The changes apply to both seniors and people with disabilities who meet the eligibility criteria, and the tax abatement certificates will be issued by the appropriate rent control or administrative agency. The bill aims to provide additional financial protection for low-income seniors and disabled individuals by limiting their rental expenses to a more manageable proportion of their total household income. The legislation will take effect immediately, with certain provisions related to administrative code amendments set to expire on the same date as the existing law.

Health and Social Services

https://www.nysenate.gov/legislation/bills/2025/A7729