Bill Text: NY A10235 | 2009-2010 | General Assembly | Amended
Bill Title: Provides that the base proportions for the 2009 assessment roll in the city of Long Beach shall not exceed the adjusted base proportion for the preceding year.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2010-06-03 - held for consideration in real property taxation [A10235 Detail]
Download: New_York-2009-A10235-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 10235--A I N A S S E M B L Y March 11, 2010 ___________ Introduced by M. of A. WEISENBERG -- read once and referred to the Committee on Real Property Taxation -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee AN ACT to amend the real property tax law, in relation to adjusted base proportions in the city of Long Beach for the 2009 assessment roll THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subparagraph (xi) of paragraph (a) of subdivision 3 of 2 section 1903 of the real property tax law, as added by chapter 382 of 3 the laws of 2009, is amended to read as follows: 4 (xi) (A) Notwithstanding any other provision of law AND EXCEPT AS 5 OTHERWISE PROVIDED IN CLAUSE (B) OF THIS SUBPARAGRAPH, in an approved 6 assessing unit in the county of Nassau and for current base proportions 7 to be determined by taxes based on such approved assessing unit's two 8 thousand nine assessment roll, the current base proportion of any class 9 shall not exceed the adjusted base proportion or adjusted proportion, 10 whichever is appropriate, of the immediately preceding year, by more 11 than one percent. Where the computation of current base proportions 12 would otherwise produce such result, the current base proportion of such 13 class or classes shall be limited to such one percent increase and the 14 legislative body of such approved assessing unit shall alter the current 15 base proportion of either class so that the sum of the current base 16 proportions equals one. 17 (B) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, IN THE CITY OF LONG 18 BEACH AND FOR CURRENT BASE PROPORTIONS TO BE DETERMINED BY TAXES BASED 19 ON SUCH CITY'S TWO THOUSAND NINE ASSESSMENT ROLL, THE CURRENT BASE 20 PROPORTION OF ANY CLASS SHALL NOT EXCEED THE ADJUSTED BASE PROPORTION OR 21 ADJUSTED PROPORTION, WHICHEVER IS APPROPRIATE, OF THE IMMEDIATELY 22 PRECEDING YEAR. WHERE THE COMPUTATION OF CURRENT BASE PROPORTIONS WOULD 23 OTHERWISE PRODUCE SUCH RESULT, THE CURRENT BASE PROPORTION OF SUCH CLASS 24 OR CLASSES SHALL NOT INCREASE AND THE LEGISLATIVE BODY OF SUCH CITY 25 SHALL ALTER THE CURRENT BASE PROPORTION OF EITHER CLASS SO THAT THE SUM 26 OF THE CURRENT BASE PROPORTIONS EQUALS ONE. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15526-03-0 A. 10235--A 2 1 S 2. This act shall take effect immediately and shall be deemed to 2 have been in full force and effect on and after August 26, 2009, and 3 shall apply to the levy of taxes based on the 2009 assessment roll in 4 the city of Long Beach.