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A04575 Summary:

BILL NO    A04575 

SAME AS    SAME AS S03165

SPONSOR    Clark

COSPNSR    

MLTSPNSR   

Amd S467-b, RPT L

Provides that the tax abatements for certain rent-controlled and rent-regulated
property occupied by senior citizens commonly known as the senior citizens'
rent increase exemption (SCRIE) shall be applicable where the rent constitutes
more than one-fourth rather than one-third of the tenant's income.
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