New York City Council Header
Meeting Name: Committee on Finance Agenda status: Final
Meeting date/time: 8/8/2017 10:00 AM Minutes status: Final  
Meeting location: Committee Room - City Hall
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments: Attachments - Preconsidered Int. No. 1677, Attachments - Preconsidered Int. No. 1676
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            Roll call Not available
Int 1677-2017 *Julissa Ferreras-Copeland PreconsideredWireless communications surcharge.IntroductionThis local law would impose, pursuant to the authorization in New York State Tax Law §186-g, a surcharge on wireless communications service. The surcharge would be imposed at a rate of 30 cents per month on each wireless communications device in service during any part of the month. Wireless communications service suppliers would be directed to add the surcharge to the billings of customers beginning on December 1, 2017. The local law would additionally, pursuant to the State Tax Law, impose a surcharge on prepaid wireless communications service at a rate of 30 cents per retail sale. Prepaid wireless communications sellers would be directed to collect this surcharge from customers beginning on December 1, 2017. Finally, the bill would establish that no surcharge may be imposed pursuant to the current Administrative Code provisions governing the wireless communications service surcharge on or after December 1, 2017.Hearing on P-C Item by Comm  Action details Not available
Int 1677-2017 *Julissa Ferreras-Copeland  Wireless communications surcharge.IntroductionThis local law would impose, pursuant to the authorization in New York State Tax Law §186-g, a surcharge on wireless communications service. The surcharge would be imposed at a rate of 30 cents per month on each wireless communications device in service during any part of the month. Wireless communications service suppliers would be directed to add the surcharge to the billings of customers beginning on December 1, 2017. The local law would additionally, pursuant to the State Tax Law, impose a surcharge on prepaid wireless communications service at a rate of 30 cents per retail sale. Prepaid wireless communications sellers would be directed to collect this surcharge from customers beginning on December 1, 2017. Finally, the bill would establish that no surcharge may be imposed pursuant to the current Administrative Code provisions governing the wireless communications service surcharge on or after December 1, 2017.P-C Item Laid Over by Comm  Action details Not available
Int 1676-2017 *Chaim M. Deutsch PreconsideredIncreasing the maximum qualifying income for the senior citizen homeowner’s exemption and the disabled homeowner’s exemption.IntroductionNew York City provides a real property tax exemption to low-income senior citizen homeowners called the Senior Citizen Homeowner Exemption (SCHE) and to low-income disabled homeowners called the Disabled Homeowner Exemption (DHE). The exemptions function by exempting a percentage of the assessed value (between five and 50 percent) of qualifying real property from taxation on a sliding scale based on income. Currently, in order to be eligible for either exemption, the combined income of the property owners must be less than $37,400. On July 25, 2017, the State enacted legislation authorizing the City to increase the eligible income threshold for both SCHE and DHE to $58,400.Hearing on P-C Item by Comm  Action details Not available
Int 1676-2017 *Chaim M. Deutsch  Increasing the maximum qualifying income for the senior citizen homeowner’s exemption and the disabled homeowner’s exemption.IntroductionNew York City provides a real property tax exemption to low-income senior citizen homeowners called the Senior Citizen Homeowner Exemption (SCHE) and to low-income disabled homeowners called the Disabled Homeowner Exemption (DHE). The exemptions function by exempting a percentage of the assessed value (between five and 50 percent) of qualifying real property from taxation on a sliding scale based on income. Currently, in order to be eligible for either exemption, the combined income of the property owners must be less than $37,400. On July 25, 2017, the State enacted legislation authorizing the City to increase the eligible income threshold for both SCHE and DHE to $58,400.P-C Item Laid Over by Comm  Action details Not available
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