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A04575 Summary:

BILL NO    A04575A

SAME AS    
SAME AS S03165-A

SPONSOR    Clark

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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