Bill Text: NY S03992 | 2021-2022 | General Assembly | Introduced

New York Senate Bill 3992 (Prior Session Legislation)

Introduced

Bill Title: Extends the limitations on the shift between classes of taxable property in the town of Orangetown, county of Rockland for the 2021--2022 assessment rolls.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2021-08-02 - SIGNED CHAP.346 [S03992 Detail]

Download: New_York-2021-S03992-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          3992

                               2021-2022 Regular Sessions

                    IN SENATE

                                    February 1, 2021
                                       ___________

        Introduced  by  Sen. REICHLIN-MELNICK -- read twice and ordered printed,
          and when printed to be committed to the Committee on Local Government

        AN ACT to amend the real property tax  law,  in  relation  to  extending
          limitations  on  the  shift between classes of taxable property in the
          town of Orangetown, county of Rockland

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

     1    Section  1.  Subparagraph  (xix)  of paragraph (a) of subdivision 3 of
     2  section 1903 of the real property tax law, as amended by  section  1  of
     3  item  KKK of subpart B of part XXX of chapter 58 of the laws of 2020, is
     4  amended to read as follows:
     5    (xix) Notwithstanding any other  provision  of  law,  in  an  approved
     6  assessing  unit  in  the  town of Orangetown, county of Rockland and for
     7  current base proportions  to  be  determined  by  taxes  based  on  such
     8  approved  assessing unit's two thousand eighteen--two thousand nineteen,
     9  two thousand nineteen--two thousand twenty [and], two thousand  twenty--
    10  two  thousand twenty-one and two thousand twenty-one--two thousand twen-
    11  ty-two assessment rolls, the current base proportion of any class  shall
    12  not exceed the adjusted base proportion or adjusted proportion, whichev-
    13  er  is  appropriate, of the immediately preceding year, by more than one
    14  percent, provided that such approved assessing unit has passed  a  local
    15  law,  ordinance  or resolution providing therefor. Where the computation
    16  of current base proportions would otherwise  produce  such  result,  the
    17  current  base  proportion  of  such class or classes shall be limited to
    18  such one percent increase and the  legislative  body  of  such  approved
    19  assessing  unit  shall alter the current base proportion of either class
    20  so that the sum of the current base proportions equals one.
    21    § 2. This act shall take effect immediately.


         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08056-01-1