Bill Text: NY A10296 | 2023-2024 | General Assembly | Introduced

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Bill Title: Relates to the determination of adjusted base proportions in special assessing units which are cities.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-06-04 - substituted by s9278 [A10296 Detail]

Download: New_York-2023-A10296-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          10296

                   IN ASSEMBLY

                                      May 17, 2024
                                       ___________

        Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Weprin) --
          read once and referred to the Committee on Real Property Taxation

        AN ACT to amend the real property tax law, in relation to  the  determi-
          nation  of  adjusted base proportions in special assessing units which
          are cities

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Subdivision  1 of section 1803-a of the real property tax
     2  law is amended by adding a new paragraph (mm) to read as follows:
     3    (mm) Notwithstanding the provisions of paragraph (c) of this  subdivi-
     4  sion  to  the  contrary, in a special assessing unit which is a city and
     5  for current base proportions to be determined in such special  assessing
     6  unit's fiscal year two thousand twenty-five, the percent increase of the
     7  current  base  proportion of any class over the adjusted base proportion
     8  or adjusted proportions, whichever is appropriate,  of  the  immediately
     9  preceding year shall be determined by the local legislative body of such
    10  special  assessing unit, provided that such percent increase shall be no
    11  more than five percent, and provided further, that the local legislative
    12  body shall make such determination by November first, two thousand twen-
    13  ty-four.
    14    § 2. In the event the special assessing unit which is a city has  sent
    15  out  real  property  tax  bills for its fiscal year 2025 before this act
    16  shall have become a law, the city shall take such actions as are  neces-
    17  sary,  consistent  with  applicable  state  and local law, to effect the
    18  provisions of section one of this act, including, but  not  limited  to,
    19  revising  the  current  base  proportions and adjusted base proportions,
    20  resetting the real property tax rates and sending amended real  property
    21  tax  bills.  Provided, however, that nothing in this act shall be deemed
    22  to affect the obligation of any taxpayer with respect to the payment  of
    23  any  installment of real property tax for such fiscal year which was due
    24  and payable prior to the date such amended real property tax  bills  are
    25  sent;  for this purpose, such obligations shall be determined in accord-
    26  ance with the applicable provisions of law that  were  in  effect  imme-
    27  diately  prior to the effective date of this act, and such city shall be

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15494-01-4
        A. 10296                            2

     1  authorized to determine the date on which amended bills are to  be  sent
     2  and  the  installments  of  real  property tax which are to be reflected
     3  therein.
     4    § 3. This act shall take effect immediately.