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A01495 Summary:
| BILL NO | A01495 |
| SAME AS | SAME AS S02944 |
| SPONSOR | Richardson (MS) |
| COSPNSR | Carroll, Hyndman, Rivera, Rosenthal L, Ortiz, Colton, Walker, Blake, Niou, Seawright, Barron |
| MLTSPNSR | Jones, Simon |
| Amd §467-b, RPT L | |
| Provides that the tax abatements for certain rent-controlled and rent-regulated property occupied by senior citizens commonly known as the senior citizens' rent increase exemption (SCRIE) shall be applicable where the rent constitutes more than one-fourth rather than one-third of the tenant's income. | |