Res. No. 1930
Resolution calling upon the New York State Legislature to pass and the Governor to sign A.4793/S.1930, legislation excluding Social Security payments and supplemental Social Security income from the definition of "income" for the purposes of determining eligibility under the senior citizen rent increase exemption (SCRIE) program.
By Council Members Brewer, Barron, Chin, Dickens, Dromm, Fidler, Gentile, James, King, Koo, Koppell, Koslowitz, Lander, Mendez, Palma, Reyna, Richards, Wills, Rodriguez, Halloran and Ulrich
Whereas, New York State law allows the City to provide low-income seniors assistance with rising housing costs through the senior citizen rent increase exemption (SCRIE) program; and
Whereas, Under the SCRIE program, rent increases are limited for qualifying seniors and in return, participating landlords receive a property tax abatement credit equal to the amount of the rent forgiven; and
Whereas, Tenants in rent controlled or rent stabilized apartments are eligible for the SCRIE program if they are at least 62 years old, have a total household income that does not exceed $29,000, and if the maximum rent or legal regulated rent is increased to a level that exceeds one-third of their household's income; and
Whereas, As the rate of inflation continues to outpace increases in Social Security benefits, the cost of living has risen for many seniors without a proportional increase in their income levels; and
Whereas, Excluding Social Security income from the calculation for SCRIE eligibility would allow more seniors to enroll in the program, enabling those seniors to allocate more of their income toward living expenses such as food and prescription drugs; and
Whereas, In January 2013, New York State Assembly Member Matthew Titone and New York State Senator Joseph Addabo, Jr. introduced A.4793 and S. 1930, respectively, legislation that would amend State Real Property Tax Law to change the definition of "income" for purposes of eligibility in the SCRIE program; and
Whereas, A.4793 and S.1930 would make 100 percent of Social Security income exempt from calculation for eligibility purposes under the SCRIE program; now, therefore, be it
Resolved, That the Council of the City of New York calls upon the New York State Legislature to pass and the Governor to sign A.476./S.1930, legislation excluding Social Security payments and supplemental security income from the definition of "income" for the purposes of determining eligibility under the senior citizen rent increase exemption (SCRIE) program.
LS# 5011
9/5/13 4:50PM
KET