Bill Text: NY S09332 | 2021-2022 | General Assembly | Introduced
Bill Title: Extends the limitations on the shift between classes of taxable property in the town of Orangetown, county of Rockland for the 2022--2023 assessment rolls.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2022-08-17 - SIGNED CHAP.550 [S09332 Detail]
Download: New_York-2021-S09332-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 9332 IN SENATE May 17, 2022 ___________ 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 chapter 346 of 3 the laws of 2021, is amended to read as follows: 4 (xix) Notwithstanding any other provision of law, in an approved 5 assessing unit in the town of Orangetown, county of Rockland and for 6 current base proportions to be determined by taxes based on such 7 approved assessing unit's two thousand eighteen--two thousand nineteen, 8 two thousand nineteen--two thousand twenty, two thousand twenty--two 9 thousand twenty-one [and] , two thousand twenty-one--two thousand twen- 10 ty-two and two thousand twenty-two--two thousand twenty-three assessment 11 rolls, the current base proportion of any class shall not exceed the 12 adjusted base proportion or adjusted proportion, whichever is appropri- 13 ate, of the immediately preceding year, by more than one percent, 14 provided that such approved assessing unit has passed a local law, ordi- 15 nance or resolution providing therefor. Where the computation of current 16 base proportions would otherwise produce such result, the current base 17 proportion of such class or classes shall be limited to such one percent 18 increase and the legislative body of such approved assessing unit shall 19 alter the current base proportion of either class so that the sum of the 20 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. LBD15812-01-2