Bill Text: NY S05002 | 2011-2012 | General Assembly | Introduced

New York Senate Bill 5002 (Prior Session Legislation)

Introduced

Bill Title: Relates to allowing certain special assessing units other than cities to adjust their current base proportions.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2011-06-14 - SUBSTITUTED BY A6462 [S05002 Detail]

Download: New_York-2011-S05002-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         5002
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                      May 2, 2011
                                      ___________
       Introduced  by  Sen. MARTINS -- 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  allowing
         certain  special  assessing  units  other  than cities to adjust their
         current base proportions
         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 (w) to read as follows:
    3    (W) NOTWITHSTANDING THE PROVISIONS OF PARAGRAPH (C) OF  THIS  SUBDIVI-
    4  SION TO THE CONTRARY, IN A SPECIAL ASSESSING UNIT THAT IS NOT A CITY AND
    5  FOR  CURRENT  BASE  PROPORTIONS  TO BE DETERMINED BY TAXES BASED ON SUCH
    6  SPECIAL ASSESSING  UNIT'S  TWO  THOUSAND  ELEVEN  ASSESSMENT  ROLL,  THE
    7  CURRENT  BASE PROPORTION OF ANY CLASS SHALL NOT EXCEED THE ADJUSTED BASE
    8  PROPORTION OR ADJUSTED PROPORTION,  WHICHEVER  IS  APPROPRIATE,  OF  THE
    9  IMMEDIATELY  PRECEDING YEAR BY MORE THAN ONE PERCENT. WHERE THE COMPUTA-
   10  TION PERFORMED PURSUANT TO  PARAGRAPH  (B)  OF  THIS  SUBDIVISION  WOULD
   11  OTHERWISE PRODUCE SUCH RESULT, THE CURRENT BASE PROPORTION OF SUCH CLASS
   12  OR  CLASSES SHALL BE LIMITED TO SUCH ONE PERCENT INCREASE AND THE LEGIS-
   13  LATIVE BODY OF SUCH SPECIAL ASSESSING UNIT SHALL ALTER THE CURRENT  BASE
   14  PROPORTION  OF  ANY  OR  ALL  REMAINING  CLASSES  SO THAT THE SUM OF THE
   15  CURRENT BASE PROPORTIONS EQUALS ONE.
   16    S 2. This act shall take effect immediately and  shall  apply  to  the
   17  levy of taxes based on the 2011 assessment roll in an approved assessing
   18  unit.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10186-01-1