Meeting Name: Committee on Finance Agenda status: Final
Meeting date/time: 6/15/2023 2:00 PM Minutes status: Final  
Meeting location: Committee Room - City Hall
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
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Int 1051-2023 *Justin L. Brannan Proposed Int. No. 1051-BExemptions from real property taxes and payments in lieu of taxes for certain properties occupied by senior citizens or persons with disabilities.IntroductionThis bill would expand Senior Citizen Rent Increase Exemption (SCRIE) and Disability Rent Increase Exemption (DRIE) program eligibility. It would authorize rent increase exemptions/tax abatements for tenants of former Mitchell-Lama apartments that meet certain conditions and authorize exemptions to payment in lieu of taxes (PILOT) for tenants of certain Battery Park City apartments through the amendment of certain provisions of chapter 7 of title 26 of the Administrative Code. It would make the effective date of the rent increase exemption order/tax abatement May 31, 2022 for tenants of former Mitchell-Lama apartments who are found eligible during a determination period, as prescribed by state law.Hearing Held by Committee  Action details Not available
Int 1051-2023 *Justin L. Brannan  Exemptions from real property taxes and payments in lieu of taxes for certain properties occupied by senior citizens or persons with disabilities.IntroductionThis bill would expand Senior Citizen Rent Increase Exemption (SCRIE) and Disability Rent Increase Exemption (DRIE) program eligibility. It would authorize rent increase exemptions/tax abatements for tenants of former Mitchell-Lama apartments that meet certain conditions and authorize exemptions to payment in lieu of taxes (PILOT) for tenants of certain Battery Park City apartments through the amendment of certain provisions of chapter 7 of title 26 of the Administrative Code. It would make the effective date of the rent increase exemption order/tax abatement May 31, 2022 for tenants of former Mitchell-Lama apartments who are found eligible during a determination period, as prescribed by state law.Amendment Proposed by Comm  Action details Not available
Int 1051-2023 *Justin L. Brannan  Exemptions from real property taxes and payments in lieu of taxes for certain properties occupied by senior citizens or persons with disabilities.IntroductionThis bill would expand Senior Citizen Rent Increase Exemption (SCRIE) and Disability Rent Increase Exemption (DRIE) program eligibility. It would authorize rent increase exemptions/tax abatements for tenants of former Mitchell-Lama apartments that meet certain conditions and authorize exemptions to payment in lieu of taxes (PILOT) for tenants of certain Battery Park City apartments through the amendment of certain provisions of chapter 7 of title 26 of the Administrative Code. It would make the effective date of the rent increase exemption order/tax abatement May 31, 2022 for tenants of former Mitchell-Lama apartments who are found eligible during a determination period, as prescribed by state law.Laid Over by Committee  Action details Not available