§ 467-l. Rebate for owners of certain real property in the city of New\nYork. 1. Generally. Notwithstanding any provision of any general,\nspecial or local law to the contrary, a city having a population of one\nmillion or more is hereby authorized and empowered to adopt and amend\nlocal laws in accordance with this section to grant a rebate of the\nannual tax of an eligible property, in the amount provided in this\nsection, for the fiscal year beginning on the first of July, two\nthousand twenty-one and ending on the thirtieth of June, two thousand\ntwenty-two to the owner of such eligible property, provided the\nqualified gross income of all the owners for whom such property serves\nas their primary residence was two hundred fifty thousand dollars or\nless in tax year two thousand twenty. Where the eligible property, other\nthan an eligible property that is a dwelling unit in residential\nproperty held in the cooperative form of ownership, is in arrears in the\npayment of real property taxes, assessments, and any other charges that\nare made a lien subject to the provisions of chapter three of title\neleven of the administrative code of the city of New York other than\nwater rents, sewer rents and sewer surcharges, such rebate shall be\napplied to any such unpaid real property taxes, assessments, and other\ncharges on the account of such eligible property. Where the eligible\nproperty is a dwelling unit in residential property held in the\ncooperative form of ownership and such residential property is in\narrears in the payment of real property taxes, assessments, and any\nother charges that are made a lien subject to the provisions of chapter\nthree of title eleven of the administrative code of the city of New York\nother than water rents, sewer rents and sewer surcharges, such rebate\nshall be applied to any unpaid real property taxes, assessments, and\nother charges on the account of such residential property in an amount\nequal to the proportionate share of the arrears of the dwelling unit.\nNotwithstanding any provision of this article to the contrary, an owner\nwhose property is receiving benefits pursuant to any other section of\nthis article shall not be prohibited from receiving a rebate authorized\npursuant to this section if such owner is otherwise eligible to receive\nsuch rebate.\n 2. Definitions. As used in this section the following terms shall have\nthe following meanings:\n a. "Annual tax" means the amount of real property tax that is imposed\non a property for the fiscal year beginning on the first of July, two\nthousand twenty-one, determined after reduction for any amount for which\nsuch property is exempt, or which is abated, pursuant to applicable law,\nprovided that, for a property that is a dwelling unit in residential\nproperty held in the cooperative form of ownership, "annual tax" means\nthe amount of real property tax that is imposed on such residential\nproperty divided by the number of units within such residential\nproperty, including dwelling units and units used primarily for\nprofessional or commercial purposes, determined after reduction for any\namount for which such property that is a dwelling unit is exempt, or\nwhich is abated, pursuant to applicable law.\n b. "Applicant" means an owner of an eligible property who, pursuant to\nsubdivision six of this section, may apply for the rebate authorized\npursuant to this section.\n c. "Commissioner of finance" means the commissioner of finance of a\ncity having a population of one million or more, or such commissioner's\ndesignee.\n d. "Eligible property" means a property that, beginning on or after\nJune fifteenth, two thousand twenty-two, serves as the primary residence\nof the owner of such property, and served as such owner's primary\nresidence during the ninety days prior to such date.\n e. "Erroneous rebate" means:\n (i) a rebate that was granted to an owner who was not entitled to a\nrebate under this section; or\n (ii) a rebate
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