Bill Text: NY A07310 | 2019-2020 | General Assembly | Amended


Bill Title: Limits the shift between classes of taxable property in the town of Orangetown, county of Rockland.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2019-07-27 - signed chap.121 [A07310 Detail]

Download: New_York-2019-A07310-Amended.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                         7310--A
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                     April 22, 2019
                                       ___________
        Introduced by M. of A. JAFFEE -- read once and referred to the Committee
          on  Real  Property  Taxation  --  committee  discharged, bill amended,
          ordered reprinted as amended and recommitted to said committee
        AN ACT to amend the real property tax law, in relation to  limiting  the
          shift  between  classes of taxable property in the town of Orangetown,
          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  (xix)  of paragraph (a) of subdivision 3 of
     2  section 1903 of the real property tax law, as added by  chapter  139  of
     3  the laws of 2018, is amended to read as follows:
     4    (xix)  Notwithstanding  any  other  provision  of  law, in an approved
     5  assessing unit in the town of Orangetown, county  of  Rockland  and  for
     6  current  base  proportions  to  be  determined  by  taxes  based on such
     7  approved assessing unit's two thousand eighteen--two  thousand  nineteen
     8  and  two thousand nineteen--two thousand twenty assessment [roll] rolls,
     9  the current base proportion of any class shall not exceed  the  adjusted
    10  base proportion or adjusted proportion, whichever is appropriate, of the
    11  immediately preceding year, by more than one percent, provided that such
    12  approved  assessing unit has passed a local law, ordinance or resolution
    13  providing therefor. Where the computation of  current  base  proportions
    14  would otherwise produce such result, the current base proportion of such
    15  class  or  classes shall be limited to such one percent increase and the
    16  legislative body of such approved assessing unit shall alter the current
    17  base proportion of either class so that the  sum  of  the  current  base
    18  proportions equals one.
    19    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11245-02-9
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