Bill Text: NY S08046 | 2015-2016 | General Assembly | Introduced
Bill Title: Allows certain special assessing units other than cities to adjust their current base proportions; gives special and approved assessing units the authority to tailor their "cap" to local conditions each year, thereby removing the annual uncertainty; relates to adjusted base proportions for assessment rolls; relates to the base proportion in approved assessing units in Nassau county.
Spectrum: Committee Bill
Status: (Passed) 2016-07-05 - SIGNED CHAP.93 [S08046 Detail]
Download: New_York-2015-S08046-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 8046 IN SENATE June 7, 2016 ___________ Introduced by COMMITTEE ON RULES -- read twice and ordered printed, and when printed to be committed to the Committee on Rules 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, adjusted 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. Subdivision 1 of section 1803-a of the real property tax 2 law is amended by adding a new paragraph (bb) to read as follows: 3 (bb) 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 sixteen 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 § 2. Subparagraph (iv) of paragraph (a) of subdivision 3 of section 17 1903 of the real property tax law, as amended by chapter 266 of the laws 18 of 2015, is amended to read as follows: 19 (iv) Notwithstanding any other provision of law, in an approved 20 assessing unit in the county of Suffolk and for current base proportions 21 to be determined by taxes based on such approved assessing unit's two 22 thousand three - two thousand four, two thousand four - two thousand 23 five and two thousand five - two thousand six assessment rolls, the 24 current base proportion of any class shall not exceed the adjusted base 25 proportion or adjusted proportion, whichever is appropriate, of the EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15553-01-6S. 8046 2 1 immediately preceding year by more than two percent, or in the case of 2 the two thousand five--two thousand six, two thousand six--two thousand 3 seven, two thousand seven--two thousand eight, two thousand eight--two 4 thousand nine, two thousand twelve--two thousand thirteen, two thousand 5 thirteen--two thousand fourteen, two thousand fourteen--two thousand 6 fifteen, [and] two thousand fifteen--two thousand sixteen, and two thou- 7 sand sixteen--two thousand seventeen assessment rolls, one percent. 8 Where the computation of current base proportions would otherwise 9 produce such result, the current base proportion of such class or class- 10 es shall be limited to such two percent or one percent increase whichev- 11 er is applicable, and the legislative body of such approved assessing 12 unit shall alter the current base proportion of either class so that the 13 sum of the current base proportions equals one. 14 § 3. Paragraph (a) of subdivision 3 of section 1903 of the real prop- 15 erty tax law is amended by adding a new subparagraph (xvii) to read as 16 follows: 17 (xvii) Notwithstanding any other provision of law, in an approved 18 assessing unit in the county of Nassau and for current base proportions 19 to be determined by taxes based on such approved assessing unit's two 20 thousand sixteen roll, the current base proportion of any class shall 21 not exceed the adjusted base proportion or adjusted proportion, whichev- 22 er is appropriate, of the immediately preceding year, by more than one 23 percent, provided that such approved assessing unit has passed a local 24 law, ordinance or resolution providing therefor. Where the computation 25 of current base proportions would otherwise produce such result, the 26 current base proportion of such class or classes shall be limited to 27 such one percent increase and the legislative body of such approved 28 assessing unit shall alter the current base proportion of either class 29 so that the sum of the current base proportions equals one. 30 § 4. This act shall take effect immediately; provided, however, that 31 section one of this act shall apply to the levy of taxes based on the 32 2016 assessment roll in a special assessing unit that is not a city and 33 that section three of this act shall apply to the levy of taxes based on 34 the 2016 assessment roll in approved assessing units in the county of 35 Nassau that pass a local law, ordinance or resolution to adopt these 36 provisions.
