[Adopted 2-28-2006 by L.L. No. 1-2006[1]]
[1]
Editor's Note: This local law also repealed
former Art. II, Tax Abatement on Rent-Controlled Property Occupied
by Senior Citizens, adopted 11-13-1972 by Ord. No. 319-1972, as amended.
Real property taxes imposed by the City upon
real property containing a dwelling unit in which a head of household
resides, which said real property is subject to either the Emergency
Housing Rent Control Law or the Emergency Tenant Protection Act of
1974, shall be abated in accordance with the definitions, requirements,
and conditions set forth in § 467-b of the Real Property
Tax Law, except that no tax abatement shall be granted for a dwelling
unit where:
A.
The head of the household is a person 62 years of
age or older, if the combined income of all members of the household
for the income tax year immediately preceding the date of making application
exceeds $50,000, provided that when the head of household retires
before the commencement of such income tax year and the date of filing
the application, the income for such year may be adjusted by excluding
salary or earnings and projecting his or her retirement income over
the entire period of such year; or
[Amended 3-17-2015 by Ord. No. 55-2015; 6-21-2016 by Ord. No. 128-2016; 3-20-2018 by Ord. No. 2018-47]
B.
The head of the household qualifies as a person with
a disability pursuant to Subdivision 5 of § 467-b of the
Real Property Tax Law, if the combined income for all members of the
household for the current income tax year exceeds the maximum income
above which such head of household would not be eligible to receive
cash supplemental security income benefits under federal law during
such tax year.
