Expands eligibility for tax abatement for rent-controlled and rent regulated property occupied by persons with disabilities to include individuals who do not meet the non-medical qualifications for SSDI and SSI but, by reason of the individual's disability, the individual is not able to engage in substantial gainful activity as that term is defined by the federal social security administration.
Summary
Bill A05884 aims to amend the real property tax law in New York to expand eligibility for tax abatement for rent-controlled and rent-regulated properties occupied by persons with disabilities. The bill specifically includes individuals who may not qualify for Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) due to non-medical reasons but are unable to engage in substantial gainful activity due to their disabilities. This change is intended to provide financial relief to a broader range of individuals with disabilities who are facing economic challenges.
Impact
If enacted, this bill would broaden the definition of who qualifies for tax abatement under the real property tax law, potentially increasing the number of individuals with disabilities who can receive financial assistance. This change could lead to a significant impact on local tax revenues and may require adjustments in how municipalities handle tax abatement applications for rent-controlled and rent-regulated properties. It may also necessitate additional training for administrative agencies responsible for processing these applications.
Sentiment
The general sentiment surrounding Bill A05884 appears to be supportive, particularly among advocates for disability rights and financial assistance programs. Discussions indicate a recognition of the economic hardships faced by individuals with disabilities, and the bill is seen as a necessary step towards inclusivity in tax relief measures. However, there may be concerns regarding the fiscal implications for local governments.
Contention
Notable points of contention may arise from concerns about the potential financial burden on local governments due to increased tax abatement claims. Some lawmakers may argue that expanding eligibility could lead to a significant decrease in tax revenues, while others emphasize the importance of supporting individuals with disabilities who are struggling financially. The balance between fiscal responsibility and social equity is likely to be a key debate point.
Same As
Expands eligibility for tax abatement for rent-controlled and rent regulated property occupied by persons with disabilities to include individuals who do not meet the non-medical qualifications for SSDI and SSI but, by reason of the individual's disability, the individual is not able to engage in substantial gainful activity as that term is defined by the federal social security administration.
Expands eligibility for tax abatement for rent-controlled and rent regulated property occupied by persons with disabilities to include individuals who do not meet the non-medical qualifications for SSDI and SSI but, by reason of the individual's disability, the individual is not able to engage in substantial gainful activity as that term is defined by the federal social security administration.
Expands eligibility for tax abatement for rent-controlled and rent regulated property occupied by persons with disabilities to include individuals who do not meet the non-medical qualifications for SSDI and SSI but, by reason of the individual's disability, the individual is not able to engage in substantial gainful activity as that term is defined by the federal social security administration.
Relates to providing language access services to individuals relating to the tax abatement program for rent-controlled and rent-regulated property occupied by senior citizens or persons with disabilities and senior citizen and disabled homeowners.
Relates to the definition of income for tax abatement for rent-controlled and rent regulated property occupied by senior citizens or persons with disabilities.
Relates to the definition of income for tax abatement for rent-controlled and rent regulated property occupied by senior citizens or persons with disabilities.
Relates to the definition of income for tax abatement for rent-controlled and rent regulated property occupied by senior citizens or persons with disabilities.
Relates to the definition of income for tax abatement for rent-controlled and rent regulated property occupied by senior citizens or persons with disabilities.
Relates to tax abatement for rent-controlled and rent regulated property occupied by and real property owned by senior citizens or persons with disabilities.
Relates to tax abatement for rent-controlled and rent regulated property occupied by and real property owned by senior citizens or persons with disabilities.