Bill Text: NY S04113 | 2019-2020 | General Assembly | Introduced
Bill Title: Extends limitations on the shift between classes of taxable property in the town of Clarkstown, county of Rockland.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2019-07-27 - signed chap.119 [S04113 Detail]
Download: New_York-2019-S04113-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 4113 2019-2020 Regular Sessions IN SENATE February 28, 2019 ___________ Introduced by Sen. CARLUCCI -- 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 (xix) of paragraph (a) of subdivision 3 of 2 section 1903 of the real property tax law, as amended by chapter 146 of 3 the laws of 2018, is amended to read as follows: 4 [(xix)](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 [and], two thousand eighteen--two thousand nineteen assessment, and two 9 thousand nineteen--two thousand twenty rolls, the current base propor- 10 tion of any class shall not exceed the adjusted base proportion or 11 adjusted proportion, whichever is appropriate, of the immediately 12 preceding year, by more than one percent, provided that such approved 13 assessing unit has passed a local law, ordinance or resolution providing 14 therefor. Where the computation of current base proportions would other- 15 wise produce such result, the current base proportion of such class or 16 classes shall be limited to such one percent increase and the legisla- 17 tive body of such approved assessing unit shall alter the current base 18 proportion of either class so that the sum of the current base 19 proportions equals one. 20 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09789-01-9