Bill Text: NY A10080 | 2009-2010 | General Assembly | Introduced
Bill Title: Restructures the current aid program to encourage full value reassessments.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2010-06-15 - held for consideration in real property taxation [A10080 Detail]
Download: New_York-2009-A10080-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 10080 I N A S S E M B L Y March 3, 2010 ___________ Introduced by M. of A. RABBITT -- read once and referred to the Commit- tee on Real Property Taxation AN ACT to amend the real property tax law, in relation to restructuring the current aid program to encourage full value reassessments THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Paragraphs (a), (b) and (c) of subdivision 1 and subdivi- 2 sion 2 of section 1573 of the real property tax law, paragraph (a) of 3 subdivision 1 as amended and paragraphs (b) and (c) of subdivision 1 as 4 added by chapter 309 of the laws of 1996, subdivision 2 as amended by 5 chapter 655 of the laws of 2004 and paragraph (a) of subdivision 2 as 6 amended by chapter 212 of the laws of 2006, are amended to read as 7 follows: 8 (a) the assessing unit has satisfied standards of quality assessment 9 administration, as established by the state board pursuant to regu- 10 lations promulgated by the state board, subject to the approval of the 11 director of the budget[. Such rules shall be based upon but not limited 12 to the following criteria: 13 (i) quality and maintenance of valuation data; 14 (ii) presentation of public information and data; 15 (iii) administration of exemptions; 16 (iv) an acceptable level of assessment uniformity as measured annually 17 by the state board; and 18 (v) compliance with statutes and rules.] AND HAS IMPLEMENTED A REVALU- 19 ATION PURSUANT TO AN APPROVED PLAN AS PROVIDED IN THIS SUBDIVISION; 20 (b) [any revaluation or update of assessments, implemented on an 21 assessment roll finalized after the first day of January, nineteen 22 hundred ninety-six,] THE REVALUATION is at one hundred percent of value; 23 however, in special assessing units the revaluation or update of assess- 24 ments must be at a uniform percentage of value for each class; 25 (c) [the assessing unit has published, on the tentative assessment 26 roll, the uniform percentage of value at which all real property is 27 assessed, or in special assessing units, the uniform percentage of value 28 at which each class of property is assessed] THE REVALUATION WAS IMPLE- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD16114-01-0 A. 10080 2 1 MENTED PURSUANT TO A PLAN, APPROVED PURSUANT TO THE RULES OF THE STATE 2 BOARD, OF NOT LESS THAN FOUR YEARS THAT PROVIDES, AT A MINIMUM, FOR A 3 REVALUATION IN THE FIRST AND LAST YEAR OF SUCH PLAN, BUT IN NO CASE LESS 4 THAN ONCE EVERY FOUR YEARS, AND FOR INVENTORY DATA TO BE COLLECTED AT 5 LEAST ONCE EVERY SIX YEARS; 6 2. (A) State assistance pursuant to subdivision one of this section 7 shall be payable [as follows] in an amount not to exceed five dollars 8 per parcel for [each separately assessed parcel appearing on the appli- 9 cable] AN assessment roll[, excluding] UPON WHICH A REVALUATION IS 10 IMPLEMENTED IN ACCORDANCE WITH AN APPROVED PLAN, AND NOT TO EXCEED TWO 11 DOLLARS PER PARCEL FOR ANY ASSESSMENT ROLL UPON WHICH A REVALUATION IS 12 NOT IMPLEMENTED IN ACCORDANCE WITH AN APPROVED PLAN. THE AMOUNT PAYABLE 13 ON A PER PARCEL BASIS SHALL EXCLUDE parcels which are wholly exempt or 14 assessed by the state board[: (a) Triennial aid shall be payable when 15 the state board determines that the assessing unit has implemented a 16 revaluation or update that includes the reinspection and reappraisal of 17 all locally assessed properties. However, no assessing unit may qualify 18 for this payment more than once in a three year period, and no aid may 19 be paid pursuant to this paragraph with respect to any assessment roll 20 filed after the year two thousand eleven. 21 (b) (i) Annual aid shall be payable when the state board determines 22 that the assessing unit has maintained an equitable assessment roll. 23 Such determination shall be made in accordance with standards estab- 24 lished pursuant to regulations promulgated by the state board, subject 25 to the approval of the director of the budget, and shall be based upon 26 criteria including but not limited to: 27 (A) annually maintaining assessments at the percentage of value speci- 28 fied in subdivision one of this section; 29 (B) annually conducting a systematic analysis of all locally assessed 30 properties using a methodology specified in such regulations; 31 (C) annually revising assessments as necessary to maintain the stated 32 uniform percentage of value; and 33 (D) implementing a local program for physically inspecting and reap- 34 praising each parcel at least once every six years. 35 (E) Such standards shall contain ranges of acceptable performance as 36 determined by the state board in accordance with nationally recognized 37 assessment methods. 38 (ii) No aid shall be paid pursuant to this paragraph with respect to 39 any assessment roll which receives triennial aid pursuant to paragraph 40 (a) of this subdivision]. 41 [(iii)] (B) ANY ASSESSING UNIT THAT FAILS TO IMPLEMENT A REVALUATION 42 AS PRESCRIBED IN AN APPROVED PLAN SHALL REMIT TO THE STATE THE FULL 43 AMOUNT OF ANY STATE AID RECEIVED PURSUANT TO THIS SUBDIVISION FOR THE 44 ASSESSMENT ROLLS FOLLOWING THE ONE UPON WHICH THE MOST RECENT REVALU- 45 ATION WAS IMPLEMENTED. 46 (C) NOTHING IN THIS SUBDIVISION SHALL BE DEEMED TO PREVENT AN ASSESS- 47 ING UNIT FROM WITHDRAWING FROM AN APPROVED PLAN. ANY ASSESSING UNIT THAT 48 DOES SO SHALL ONLY BE RESPONSIBLE FOR REMISSION OF PER PARCEL PAYMENTS 49 FOR NON-REVALUATION YEARS. 50 (D) No grant awarded to any individual assessing unit in any given 51 year pursuant to this subdivision shall exceed five hundred thousand 52 dollars. 53 S 2. This act shall take effect immediately and shall apply to assess- 54 ment rolls with taxable status dates occurring on and after March 1, 55 2010.