Bill Text: NY S07557 | 2019-2020 | General Assembly | Introduced
Bill Title: Adjusts base proportions for the 2020-2021 assessment rolls and adjusts the base proportion in approved assessing units in Nassau county for the 2020 assessment roll.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-01-27 - REFERRED TO LOCAL GOVERNMENT [S07557 Detail]
Download: New_York-2019-S07557-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 7557 IN SENATE January 27, 2020 ___________ Introduced by Sen. KAMINSKY -- 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 adjusting base proportions for assessment rolls, and the base proportion in approved assessing units in Nassau county The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph (iv) of paragraph (a) of subdivision 3 of 2 section 1903 of the real property tax law, as amended by chapter 12 of 3 the laws of 2019, is amended to read as follows: 4 (iv) Notwithstanding any other provision of law, in an approved 5 assessing unit in the county of Suffolk and for current base proportions 6 to be determined by taxes based on such approved assessing unit's two 7 thousand three - two thousand four, two thousand four - two thousand 8 five and two thousand five - two thousand six assessment rolls, the 9 current base proportion of any class shall not exceed the adjusted base 10 proportion or adjusted proportion, whichever is appropriate, of the 11 immediately preceding year by more than two percent, or in the case of 12 the two thousand five--two thousand six, two thousand six--two thousand 13 seven, two thousand seven--two thousand eight, two thousand eight--two 14 thousand nine, two thousand twelve--two thousand thirteen, two thousand 15 thirteen--two thousand fourteen, two thousand fourteen--two thousand 16 fifteen, two thousand fifteen--two thousand sixteen, two thousand 17 sixteen--two thousand seventeen, two thousand seventeen--two thousand 18 eighteen, two thousand eighteen--two thousand nineteen, [and] two thou- 19 sand nineteen--two thousand twenty, and two thousand twenty--two thou- 20 sand twenty-one assessment rolls, one percent. Where the computation of 21 current base proportions would otherwise produce such result, the 22 current base proportion of such class or classes shall be limited to 23 such two percent or one percent increase whichever is applicable, and 24 the legislative body of such approved assessing unit shall alter the 25 current base proportion of either class so that the sum of the current 26 base proportions equals one. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14605-01-9S. 7557 2 1 § 2. Paragraph (a) of subdivision 3 of section 1903 of the real prop- 2 erty tax law is amended by adding a new subparagraph (xxii) to read as 3 follows: 4 (xxii) Notwithstanding any other provision of law, in an approved 5 assessing unit in the county of Nassau and for current base proportions 6 to be determined by taxes based on such approved assessing unit's two 7 thousand twenty roll, the current base proportion of any class shall not 8 exceed the adjusted base proportion or adjusted proportion, whichever is 9 appropriate, of the immediately preceding year, by more than one 10 percent, provided that such approved assessing unit has passed a local 11 law, ordinance or resolution providing therefor. Where the computation 12 of current base proportions would otherwise produce such result, the 13 current base proportion of such class or classes shall be limited to 14 such one percent increase and the legislative body of such approved 15 assessing unit shall alter the current base proportion of either class 16 so that the sum of the current base proportions equals one. 17 § 3. This act shall take effect immediately; provided, however, that 18 section one of this act shall apply to the levy of taxes based on the 19 2019 and 2020 assessment rolls in a special assessing unit that is not a 20 city and that section two of this act shall apply to the levy of taxes 21 based on the 2019 and 2020 assessment rolls in approved assessing units 22 in the county of Nassau that pass a local law, ordinance or resolution 23 to adopt these provisions.