NY S05984 | 2021-2022 | General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 25 2021 - 25% progression, died in committee
Action: 2022-01-05 - REFERRED TO LOCAL GOVERNMENT
Pending: Senate Local Government Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 25 2021 - 25% progression, died in committee
Action: 2022-01-05 - REFERRED TO LOCAL GOVERNMENT
Pending: Senate Local Government Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Authorizes the town of Southampton, county of Suffolk, to enact by local law a homestead exemption; provides that such exemption shall not exceed $50,000 in full assessed value; authorizes a cap on all annual assessment increases for residential property, not to exceed five percent.
Title
Authorizes the town of Southampton, county of Suffolk, to enact by local law a homestead exemption; provides that such exemption shall not exceed $50,000 in full assessed value; authorizes a cap on all annual assessment increases for residential property, not to exceed five percent.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-05 | Senate | REFERRED TO LOCAL GOVERNMENT |
| 2021-03-25 | Senate | REFERRED TO LOCAL GOVERNMENT |
Same As/Similar To
A06667 (Same As) 2022-05-10 - held for consideration in real property taxation
