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A04139 Summary:

BILL NO    A04139 

SAME AS    No same as 

SPONSOR    Englebright (MS)

COSPNSR    Sweeney, Abbate, Colton

MLTSPNSR   Galef, Hooper, Millman, Perry, Raia

Add S467-g, RPT L

Authorizes the governing body of a municipality to adopt a program which would
create a real property tax exemption for the owner of a rental unit occupied by
a qualifying senior which shall be credited to the lessee in the form of rent
reduction equal to the proportional amount of taxes apportioned to the rental
unit.