New York A 2666: Requires municipal corporations to adopt senior citizen rent increase exemption programs and disability rent increase exemption programs

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A02666 Summary:

BILL NOA02666 

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SAME ASSAME AS S07570

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SPONSORCunningham

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COSPNSR

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MLTSPNSR

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Amd §467-b, RPT L

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Requires all municipal corporations to adopt senior citizen rent increase exemption programs and disability rent increase exemption programs within one year.

Go to top A02666 Actions:

BILL NOA02666 

&nbsp

01/21/2025referred to aging

01/07/2026referred to aging

Go to topA02666 Committee&nbspVotes:

Go to topA02666 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA02666 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2666

 2025-2026 Regular Sessions

 IN ASSEMBLY

 January 21, 2025
 ___________

 Introduced by M. of A. CUNNINGHAM -- read once and referred to the
 Committee on Aging

 AN ACT to amend the real property tax law, in relation to requiring
 municipal corporations to adopt senior citizen rent increase
 exemption programs and disability rent increase exemption programs

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The opening paragraph of subdivision 2 of section 467-b of
 2 the real property tax law, as amended by chapter 747 of the laws of
 3 1985, is amended to read as follows:
 4 [The] No later than one year after the effective date of the chapter
 5 of the laws of two thousand twenty-five that amended this subdivision,
 6 the governing body of [any] a municipal corporation [is hereby author-
 7 ized and empowered to] shall adopt, after public hearing, in accordance
 8 with the provisions of this section, a local law, ordinance or resol-
 9 ution providing for the abatement of taxes of said municipal corporation
 10 imposed on real property containing a dwelling unit as defined herein by
 11 one of the following amounts:
 12 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD05619-01-5

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