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New York policy

S5662: Relates to authorizing a reduction of taxes pursuant to shelter rent

NY Senate · Sponsor Brian Kavanagh

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
May 13, 2026

What it requires

Relates to authorizing a reduction of taxes pursuant to shelter rent; provides that upon consent of the local legislative body in a city with a population of one million or more such taxes may be reduced to five per centum or less, including a full reduction of the annual shelter rent or carrying charges of a project.

ny-statesenatelegislationbill

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