Smith Lauds SCRIE
Senate Democratic Leader Malcolm A. Smith has joined Senator Ruben Diaz, Sr. to applaud the state lawmakers for the passage of the Senior Citizens Rent Increase Exemption Bill (SCRIE).
"With increasing cost of living rates, senior citizens are often unable to afford many life essentials," said Senator Smith. "Seniors don't need additional worries, especially whether or not they will be able to afford a roof over their heads."
The existing real property law permits local municipalities to lower real property taxes for households occupied by persons sixty-two years of age or older.
Assemblyman Englebright said, "Passage of this legislation will provide a measure of rent increase relief and fairness for senior citizens affected by classification of their combined dwelling."
"As a longtime advocate for senior citizens, I will continue to sponsor legislation that will guarantee they are able to purchase their medication, food and now rent," said Senator Smith. "They have spent years serving the community and now it's our time as legislators to pick up where they have left off."
The legislation will provide:
· A head of household who qualifies for SCRIE will be applied to up two dwelling units.
· A penalty of $1,000 to applicants erroneously granted exemption.
Eligible residents must be deemed head of household of a combined residence and occupied and paid rent for at least two years.