New York Assembly Bill 9879

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Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on April 24 2024 - 25% progression
Action: 2024-04-24 - referred to real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]

Establishes the 13 member temporary state commission on New York city property tax reform to propose property tax reform for the city of New York that promotes fairness, clarity, and simplicity; that eliminates structural inequality and taxes similar properties similarly; that encourages the development and preservation of affordable and multifamily housing; that includes owner relief programs and an approach to transition that insures low- and moderate-income owners have affordable tax bills and that primary residents are not displaced from their homes; and that does not diminish revenue for the city of New York.

Establishes the 13 member temporary state commission on New York city property tax reform to propose property tax reform for the city of New York that promotes fairness, clarity, and simplicity; that eliminates structural inequality and taxes similar properties similarly; that encourages the development and preservation of affordable and multifamily housing; that includes owner relief programs and an approach to transition that insures low- and moderate-income owners have affordable tax bills and that primary residents are not displaced from their homes; and that does not diminish revenue for the city of New York.

Asm. Edward Braunstein [D]	Asm. Inez Dickens [D]	Asm. William Colton [D]	Asm. Tony Simone [D]
Asm. Phara Souffrant Forrest [D]	Asm. Sam Berger [D]	Asm. Deborah Glick [D]	Asm. Alicia Hyndman [D]

Date	Chamber	Action
2024-04-24	Assembly	referred to real property taxation

Type	Source
Summary	https://www.nysenate.gov/legislation/bills/2023/A9879
Text	https://assembly.state.ny.us/leg/?default_fld=&bn=A09879&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A09879