New York A00903 amends the real property tax law to provide a rent increase exemption for persons with disabilities.

New York A00903 amends the real property tax law to provide a rent increase exemption for persons with disabilities. Specifically, it modifies the conditions under which a tax abatement is granted for dwelling units where the head of the household qualifies as a person with a disability. The bill sets income limits for eligibility, ensuring that the combined income for all household members does not exceed certain thresholds. It also allows municipalities to adopt additional provisions through local laws, ordinances, or resolutions.

New York A00903 amends the real property tax law to provide a rent increase exemption for persons with disabilities.

New York A00903 amends the real property tax law to provide a rent increase exemption for persons with disabilities. Specifically, it modifies the conditions under which a tax abatement is granted for dwelling units where the head of the household qualifies as a person with a disability. The bill sets income limits for eligibility, ensuring that the combined income for all household members does not exceed certain thresholds. It also allows municipalities to adopt additional provisions through local laws, ordinances, or resolutions.