Bill Text: NY A02790 | 2019-2020 | General Assembly | Introduced


Bill Title: Requires every assessing unit to conduct a revaluation of assessment at least every four years.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2020-01-08 - referred to ways and means [A02790 Detail]

Download: New_York-2019-A02790-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          2790
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    January 25, 2019
                                       ___________
        Introduced  by M. of A. GALEF, CAHILL, NIOU -- read once and referred to
          the Committee on Real Property Taxation
        AN ACT to amend the real property tax  law,  in  relation  to  requiring
          every  assessing  unit to conduct a revaluation of assessment at least
          every four years
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  The  real  property  tax  law  is amended by adding a new
     2  section 306 to read as follows:
     3    § 306. Assessment cycle. Every assessing unit shall conduct a  revalu-
     4  ation  of  assessments  in  its  jurisdiction at least once every fourth
     5  year.
     6    § 2. This act shall take effect January 1, 2023 and shall be  applica-
     7  ble  to  final assessment rolls filed on and after such date.  Effective
     8  immediately, the addition, amendment and/or repeal of any rule or  regu-
     9  lation  necessary  for  the  implementation of this act on its effective
    10  date are authorized to be made and completed on or before such effective
    11  date.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07576-02-9
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