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A04575 Summary:

BILL NOA04575A
 
SAME ASSAME AS S03165-A
 
SPONSORClark
 
COSPNSR
 
MLTSPNSR
 
Amd 467-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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