Assembly BillIntroduced
A 7729: Relates to establishing a maximum rent of one-third of household income for the senior citizens rent increase exemption and disability rent increase exemption.
What A 7729 does, verified May 11, 2026
The proposed legislation aims to establish a maximum rent of one-third of household income for senior citizens and individuals with disabilities. This maximum rent will be the threshold for determining eligible rent increases. The law will also require that tax abatement certificates be issued to eligible households, which will exempt them from rent increases exceeding one-third of their combined income. The certificates will be issued by local agencies and will be valid for a specified period. The law will take effect immediately, but some amendments will expire on the same date as the underlying law.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: referred to aging (2026-01-07)Alert me
Quick answers about A 7729
- What is the current status of A 7729?
- As of May 11, 2026, A 7729 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "referred to aging".
- Did A 7729 pass?
- Not yet. A 7729 has been introduced and has not passed either house.
- Who wrote A 7729, and where is it now?
- A 7729 was authored by Asm. Micah Lasher with 7 coauthors. Its committee of record is Assembly Aging.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | referred to aging |
| Apr. 08, 2025 | referred to aging |
Latest bill textIntroduced version, April 8, 2025 · 1,022 words
STATE OF NEW YORK ________________________________________________________________________ 7729 2025-2026 Regular Sessions IN ASSEMBLY April 8, 2025 ___________ Introduced by M. of A. LASHER -- read once and referred to the Committee on Aging AN ACT to amend the real property tax law and the administrative code of the city of New York, in relation to establishing a maximum rent of one-third of household income for the senior citizens rent increase exemption (SCRIE) and disability rent increase exemption (DRIE) The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Short title. This act shall be known and may be cited as 2 the "senior citizens rent increase exemption (SCRIE) and disability rent 3 increase exemption (DRIE) rollback act". 4 § 2. Subdivision 4 of section 467-b of the real property tax law is 5 amended by adding a new paragraph c to read as follows: 6 c. Provided, however, that if provided by the local law, ordinance or 7 resolution adopted pursuant to this section, a tax abatement certificate 8 setting forth an amount equal to the amount by which the maximum rent or 9 legal regulated rent of the subsequent dwelling unit exceeds one-third 10 of the combined income of all members of the household for the taxable 11 period shall be issued by said agency to each head of household who is 12 found to be eligible under this section and upon application to the 13 appropriate rent control agency or administrative agency on a form 14 prescribed by said agency on or before the last date prescribed by law 15 for the payment of the taxes or the first installment therefor of any 16 municipal corporation which has granted an abatement of taxes. Copies of 17 such certificate shall be issued to the owner of the real property 18 containing the dwelling unit of the head of the household and to the 19 collecting officer charged with the duty of collecting the taxes or each 20 municipal corporation which has granted the abatement of taxes author- 21 ized by this section. 22 § 3. Subdivision (a) of section 26-605 of the administrative code of 23 the city of New York, as amended by local law number 98 of the city of EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00073-05-5A. 7729 2 1 New York for the year 1985 and paragraph 3 as added by chapter 553 of 2 the laws of 2015, is amended to read as follows: 3 (a) Subject to the provisions of this chapter and if provided by the 4 local law, ordinance or resolution adopted pursuant to this section, an 5 eligible head of the household may obtain a rent increase exemption 6 order/tax abatement certificate entitling [him or her] such head of the 7 household to an exemption from increases in the maximum rent equal to 8 the amount by which the maximum rent or legal regulated rent of the 9 subsequent dwelling unit exceeds one-third of the combined income of all 10 members of the household otherwise payable in one of the following 11 amounts: 12 (1) where the eligible head of the household does not receive a month- 13 ly allowance for shelter pursuant to the social services law, the amount 14 by which increases in the maximum rent subsequent to such persons' 15 eligibility date have resulted in the maximum rent exceeding one-third 16 of the combined income of all members of the household for the taxable 17 period, except that in no event shall a rent increase exemption order 18 tax abatement certificate become effective prior to January first, nine- 19 teen hundred seventy-six; or 20 (2) where the eligible head of the household receives a monthly allow- 21 ance for shelter pursuant to the social services law, an amount not 22 exceeding that portion of any increase in maximum rent subsequent to 23 such person's eligibility date which is not covered by the maximum 24 allowance for shelter which such person is entitled to receive pursuant 25 to the social services law. 26 [(3) notwithstanding paragraph one of this subdivision, where the27eligible head of the household is a person who qualifies as a person28with a disability pursuant to section 26-617 of this chapter and who has29been granted a rent increase exemption order that is in effect as of30January first, two thousand fifteen or takes effect on or before July31first, two thousand fifteen, the amount specified in such order, as32adjusted by any other provision of this chapter, regardless of whether33increases in the maximum rent subsequent to such persons' eligibility34date have resulted in the maximum rent exceeding one-third of the35combined income of all members of the household for the taxable period.] 36 § 4. Item (a) of subparagraph (i) of paragraph 3 of subdivision b of 37 section 26-509 of the administrative code of the city of New York, as 38 amended by local law number 98 of the city of New York for the year 39 1985, is amended to read as follows: 40 (a) in the case of a head of the household who does not receive a 41 monthly allowance for shelter pursuant to the social services law, that 42 the landlord may not collect from the tenant to whom it is issued rent 43 at a rate in excess of [either] one-third of the aggregate disposable 44 income[, or the rent in effect immediately preceding the eligibility45date, whichever is greater]; or 46 § 5. This act shall take effect immediately; provided that the amend- 47 ments to section 26-509 of chapter 4 of title 26 of the administrative 48 code of the city of New York made by section four of this act shall 49 expire on the same date as such law expires and shall not affect the 50 expiration of such law as provided under section 26-520 of such law.
Text of A 7729 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions