Bill Title: Provides that county assessors are to classify all property on assessment rolls into three classes (two of residential and one of all other) and municipal corporations may enact local laws providing for the establishment of different tax rates for each classification of property as part of a cooperative real property tax administration system would apply to Westchester county upon its enactment of a local law therefor; provides for a county-wide revaluation at full-value, but assessment to be done by each assessing unit; establishes a five-year valuation cycle for fairness and timeliness.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2010-01-06 - REFERRED TO LOCAL GOVERNMENT [S04558 Detail]

Text: Latest bill text (Introduced) [HTML]

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