Proposed Law tax Abatement For Rent-controlled & Rent-regulated Property Seniors
PROPOSED LOCAL LAW A OF 2015
A LOCAL LAW Amending Article VII of Chapter 260 of the Code of the Village of Hastings-on-Hudson to increase the income limits for Tax Abatement for Rent-Controlled and Rent-Regulated Property Occupied by Senior Citizens or Persons with Disablities
Be it enacted by the Board of Trustees of the Village of Hastings-on-Hudson as follows:
(deleted language in strikeout, added language in bold)
SECTION 1. Section 260-38 of the Code of the Village of Hastings-on-Hudson is hereby amended to read as follows:
§~260-38. Statutory provisions adopted; application of provisions.
The Village of Hastings-on-Hudson hereby adopts the provisions of §~467-b, as amended, of the Real Property Tax Law of the State of New York. Hereinafter, there shall be provided a tax abatement in rent-regulated apartments where the combined income of members of the household containing senior citizens (62 years of age or older) or disabled persons does not exceed$24,000 $50,000, and provided that, pursuant to §~467-b of the Real Property Tax Law of the State of New York, the benefits of such abatement are passed on to such senior citizens or disabled persons.
SECTION 2. SEVERABILITY
If any section, subsection, clause, phrase or other portion of this Local Law is, for any reason, declared invalid, in whole or in part, by any court, agency, commission, legislative body or other authority of competent jurisdiction, such portion shall be deemed a separate, distinct and independent portion. Such declaration shall not affect the validity of the remaining portions hereof, which other portions shall continue in full force and effect.
SECTION 3. EFFECTIVE DATE
This local law shall take effect immediately upon filing in the office of the New York State Secretary of State in accordance with section 27 of the Municipal Home Rule Law.