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Remarks

Speaker Menin outlines finance items for vote

New York City Council · Oct 22, 2026 · starts 0:21:31 · 1 min

Speaker Menin lists finance items: Intro 978B to increase SCRI/DRI income limit to $75,000, Resolution 666-A for BID expenditures, a transparency resolution, and pre-considered resolutions for 40-year tax exemptions.

Julie Menin

Next, we'll vote on the following finance items.

Julie Menin

Introduction 978B, also sponsored by Councilmember Farrah Lewis, would increase the maximum income level for eligibility for SCRI and DRI to $75,000 beginning July 1, 2026.

Julie Menin

Resolution 666-A, sponsored by Councilmember Linda Lee, would set the date, time, and place for the hearing of the local law that would increase the annual expenditure for eight business improvement districts.

Julie Menin

A transparency resolution approving new designations and changes in the designation of certain organizations receiving funding in the expense budget.

Julie Menin

And several pre-considered resolutions sponsored by Councilmember Linda Lee as well that would grant a partial 40-year tax

Julie Menin

exemption under Article 11 of the Private Housing Finance Law for buildings in the districts of Councilmembers Wilson and Carnesian, Feliz, Justin Sanchez, and Deputy Speaker Williams.