NY A00401 | 2021-2022 | General Assembly

New York Assembly Bill 401 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 6 2021 - 25% progression, died in committee
Action: 2022-01-05 - referred to real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year; applies only to class one and class two properties.

Title

Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year; applies only to class one and class two properties.

History

Date	Chamber	Action
2022-01-05	Assembly	referred to real property taxation
2021-01-06	Assembly	referred to real property taxation

Same As/Similar To

S03432 (Same As) 2022-01-05 - REFERRED TO FINANCE

New York State Sources

Type	Source
Summary	https://www.nysenate.gov/legislation/bills/2021/A401
Text	https://assembly.state.ny.us/leg/?default_fld=&bn=A00401&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A00401