New York A 7729: Relates to establishing a maximum rent of one-third of household income for the senior citizens rent increase exemption and disability rent increase exemption

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
A07729 Summary:

BILL NOA07729 

&nbsp

SAME ASSAME AS S02451-A

&nbsp

SPONSORLasher

&nbsp

COSPNSRDilan, Lee, Gonzalez-Rojas, Kelles, Levenberg, Reyes, Rosenthal

&nbsp

MLTSPNSR

&nbsp

Amd §467-b, RPT L; amd §§26-605 & 26-509, NYC Ad Cd

&nbsp

Relates to establishing a maximum rent of one-third of household income for the senior citizens rent increase exemption and disability rent increase exemption.

Go to top A07729 Actions:

BILL NOA07729 

&nbsp

04/08/2025referred to aging

01/07/2026referred to aging

Go to topA07729 Committee&nbspVotes:

Go to topA07729 Floor&nbspVotes:

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

Go to topA07729 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7729

 2025-2026 Regular Sessions

 IN ASSEMBLY

 April 8, 2025
 ___________

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

 AN ACT to amend the real property tax law and the administrative code of
 the city of New York, in relation to establishing a maximum rent of
 one-third of household income for the senior citizens rent increase
 exemption (SCRIE) and disability rent increase exemption (DRIE)

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

 1 Section 1. Short title. This act shall be known and may be cited as
 2 the "senior citizens rent increase exemption (SCRIE) and disability rent
 3 increase exemption (DRIE) rollback act".
 4 § 2. Subdivision 4 of section 467-b of the real property tax law is
 5 amended by adding a new paragraph c to read as follows:
 6 c. Provided, however, that if provided by the local law, ordinance or
 7 resolution adopted pursuant to this section, a tax abatement certificate
 8 setting forth an amount equal to the amount by which the maximum rent or
 9 legal regulated rent of the subsequent dwelling unit exceeds one-third
 10 of the combined income of all members of the household for the taxable
 11 period shall be issued by said agency to each head of household who is
 12 found to be eligible under this section and upon application to the
 13 appropriate rent control agency or administrative agency on a form
 14 prescribed by said agency on or before the last date prescribed by law
 15 for the payment of the taxes or the first installment therefor of any
 16 municipal corporation which has granted an abatement of taxes. Copies of
 17 such certificate shall be issued to the owner of the real property
 18 containing the dwelling unit of the head of the household and to the
 19 collecting officer charged with the duty of collecting the taxes or each
 20 municipal corporation which has granted the abatement of taxes author-
 21 ized by this section.
 22 § 3. Subdivision (a) of section 26-605 of the administrative code of
 23 the city of New York, as amended by local law number 98 of the city of

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD00073-05-5

 A. 7729 2

 1 New York for the year 1985 and paragraph 3 as added by chapter 553 of
 2 the laws of 2015, is amended to read as follows:
 3 (a) Subject to the provisions of this chapter and if provided by the
 4 local law, ordinance or resolution adopted pursuant to this section, an
 5 eligible head of the household may obtain a rent increase exemption
 6 order/tax abatement certificate entitling [him or her] such head of the
 7 household to an exemption from increases in the maximum rent equal to
 8 the amount by which the maximum rent or legal regulated rent of the
 9 subsequent dwelling unit exceeds one-third of the combined income of all
 10 members of the household otherwise payable in one of the following
 11 amounts:
 12 (1) where the eligible head of the household does not receive a month-
 13 ly allowance for shelter pursuant to the social services law, the amount
 14 by which increases in the maximum rent subsequent to such persons'
 15 eligibility date have resulted in the maximum rent exceeding one-third
 16 of the combined income of all members of the household for the taxable
 17 period, except that in no event shall a rent increase exemption order
 18 tax abatement certificate become effective prior to January first, nine-
 19 teen hundred seventy-s