Bill Text: NY S08069 | 2017-2018 | General Assembly | Amended
Bill Title: Requires every assessing unit to conduct a revaluation of assessments at least every twenty years.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2018-05-29 - PRINT NUMBER 8069A [S08069 Detail]
Download: New_York-2017-S08069-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 8069--A IN SENATE March 26, 2018 ___________ Introduced by Sen. LITTLE -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the real property tax law, in relation to requiring every assessing unit to conduct a revaluation of assessment at least every twenty years The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The real property tax law is amended by adding a new 2 section 306 to read as follows: 3 § 306. Assessment cycle. Every assessing unit shall conduct a revalu- 4 ation of assessments in its jurisdiction at least once every twentieth 5 year. 6 § 2. This act shall take effect January 1, 2021; provided, that effec- 7 tive immediately, the addition, amendment and/or repeal of any rule or 8 regulation necessary for the implementation of this act is authorized 9 and directed to be made and completed on or before such effective date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15236-03-8
