L.L. 1992/096

Enactment date: 12/21/1992

Int. No. 533-A

By Council Members Horwitz, Michels, Harrison, Pinkett, the Speaker (Council Member Vallone), McCaffrey, Ward, Maloney, Koslowitz, Linares, Ognibene, White, Eisland, Warden, McCabe, Povman, Watkins, Malave-Dilan, Pagan, Robles, Spigner, Wooten, Fusco, Cerullo III and Freed (jointly with the Mayor); also Council Members Alter, Berman, Castaneira-Colon, Duane, Fields, Fisher, Leffler, Marshall, Michels, O'Donovan, Rivera, Ward, Weiner, White, Williams, Abel, Cerullo III, Cruz, Millard, Dear, DeMarco, Ruiz, Albanese, and DiBrienza

A Local Law to amend the administrative code of the city of New York in relation to increasing maximum income levels to $16,500 to exempt senior citizens from rent increases

Be it enacted by the Council as follows:

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[Consolidated provisions are not included in this Appendix A]

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§ 5. This local law shall take effect immediately and shall be retroactive to and shall be deemed to have been in full force and effect on and after June 23, 1992. Notwithstanding any other provision of the administrative code of the city of New York, any person who on June 23, 1992 would have been eligible for a rent increase exemption order pursuant to such code but for the fact that his or her income exceeded the income limitation of fifteen thousand dollars in effect before the enactment of this local law, and who as a result of the enactment of this local law increasing the maximum income limitation to sixteen thousand five hundred dollars is eligible for such order on June 23, 1992, may file an application for such order within ninety days of the enactment of the local law. Any such rent increase exemption order issued to such applicant shall be effective as of June 23, 1992.