Bill Text: NY A09245 | 2009-2010 | General Assembly | Introduced

---

Bill Title: Requires real property to be assessed at least every five years; allows local law to require more frequent assessment of real property.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2010-01-06 - referred to real property taxation [A09245 Detail]

Download: New_York-2009-A09245-Introduced.html

---

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         9245
                              2009-2010 Regular Sessions
                                 I N  A S S E M B L Y
                                   November 9, 2009
                                      ___________
       Introduced by M. of A. REILLY -- read once and referred to the Committee
         on Real Property Taxation
       AN ACT to amend the real property tax law, in relation to requiring real
         property to be assessed at least once every five years
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Section 305 of the real property  tax  law  is  amended  by
    2  adding a new subdivision 4 to read as follows:
    3    4. ALL REAL PROPERTY IN EACH ASSESSING UNIT SHALL BE ASSESSED AT LEAST
    4  EVERY  FIVE  YEARS;  PROVIDED,  HOWEVER, THAT LOCAL LAW MAY REQUIRE REAL
    5  PROPERTY TO BE ASSESSED MORE FREQUENTLY.
    6    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD14685-01-9