Bill Text: NY S08909 | 2023-2024 | General Assembly | Introduced
Bill Title: Extends limitations on the shift between classes of taxable property in the town of Clarkstown, county of Rockland for an additional year.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2024-06-03 - SUBSTITUTED BY A9455 [S08909 Detail]
Download: New_York-2023-S08909-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 8909 IN SENATE March 26, 2024 ___________ Introduced by Sen. WEBER -- 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 Clarkstown, 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 (xx) of paragraph (a) of subdivision 3 of 2 section 1903 of the real property tax law, as amended by chapter 310 of 3 the laws of 2023, is amended to read as follows: 4 (xx) Notwithstanding any other provision of law, in an approved 5 assessing unit in the town of Clarkstown, county of Rockland and for 6 current base proportions to be determined by taxes based on such 7 approved assessing unit's two thousand seventeen--two thousand eighteen, 8 two thousand eighteen--two thousand nineteen, two thousand nineteen--two 9 thousand twenty, two thousand twenty--two thousand twenty-one, two thou- 10 sand twenty-one--two thousand twenty-two, two thousand twenty-two--two 11 thousand twenty-three, [and] the two thousand twenty-three--two thousand 12 twenty-four, and two thousand twenty-four--two thousand twenty-five 13 assessment rolls, the current base proportion of any class shall not 14 exceed the adjusted base proportion or adjusted proportion, whichever is 15 appropriate, of the immediately preceding year, by more than one 16 percent, provided that such approved assessing unit has passed a local 17 law, ordinance or resolution providing therefor. Where the computation 18 of current base proportions would otherwise produce such result, the 19 current base proportion of such class or classes shall be limited to 20 such one percent increase and the legislative body of such approved 21 assessing unit shall alter the current base proportion of either class 22 so that the sum of the current base proportions equals one. 23 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14735-01-4