Bill Text: NY S05958 | 2017-2018 | General Assembly | Introduced
Bill Title: Allows certain special assessing units other than cities to adjust their current base proportions; gives special and approved assessing units the authority to tailor their "cap" to local conditions each year, thereby removing the annual uncertainty; relates to adjusted base proportions for assessment rolls; relates to the base proportion in approved assessing units in Nassau county.
Spectrum: Committee Bill
Status: (Passed) 2017-07-25 - SIGNED CHAP.152 [S05958 Detail]
Download: New_York-2017-S05958-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 5958 2017-2018 Regular Sessions IN SENATE May 8, 2017 ___________ Introduced by COMMITTEE ON RULES -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the real property tax law, in relation to allowing certain special assessing units other than cities to adjust their current base proportions, adjusted base proportions for assessment rolls, and the base proportion in approved assessing units in Nassau county The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 1 of section 1803-a of the real property tax 2 law is amended by adding a new paragraph (cc) to read as follows: 3 (cc) Notwithstanding the provisions of paragraph (c) of this subdivi- 4 sion to the contrary, in a special assessing unit that is not a city and 5 for current base proportions to be determined by taxes based on such 6 special assessing unit's two thousand seventeen assessment roll, the 7 current base proportion of any class shall not exceed the adjusted base 8 proportion or adjusted proportion, whichever is appropriate, of the 9 immediately preceding year by more than one percent. Where the computa- 10 tion performed pursuant to paragraph (b) of this subdivision would 11 otherwise produce such result, the current base proportion of such class 12 or classes shall be limited to such one percent increase and the legis- 13 lative body of such special assessing unit shall alter the current base 14 proportion of any or all remaining classes so that the sum of the 15 current base proportions equals one. 16 § 2. Subparagraph (iv) of paragraph (a) of subdivision 3 of section 17 1903 of the real property tax law, as amended by chapter 93 of the laws 18 of 2016, is amended to read as follows: 19 (iv) Notwithstanding any other provision of law, in an approved 20 assessing unit in the county of Suffolk and for current base proportions 21 to be determined by taxes based on such approved assessing unit's two 22 thousand three - two thousand four, two thousand four - two thousand EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11557-01-7S. 5958 2 1 five and two thousand five - two thousand six assessment rolls, the 2 current base proportion of any class shall not exceed the adjusted base 3 proportion or adjusted proportion, whichever is appropriate, of the 4 immediately preceding year by more than two percent, or in the case of 5 the two thousand five--two thousand six, two thousand six--two thousand 6 seven, two thousand seven--two thousand eight, two thousand eight--two 7 thousand nine, two thousand twelve--two thousand thirteen, two thousand 8 thirteen--two thousand fourteen, two thousand fourteen--two thousand 9 fifteen, two thousand fifteen--two thousand sixteen, [and] two thousand 10 sixteen--two thousand seventeen, and two thousand seventeen--two thou- 11 sand eighteen assessment rolls, one percent. Where the computation of 12 current base proportions would otherwise produce such result, the 13 current base proportion of such class or classes shall be limited to 14 such two percent or one percent increase whichever is applicable, and 15 the legislative body of such approved assessing unit shall alter the 16 current base proportion of either class so that the sum of the current 17 base proportions equals one. 18 § 3. Paragraph (a) of subdivision 3 of section 1903 of the real prop- 19 erty tax law is amended by adding a new subparagraph (xviii) to read as 20 follows: 21 (xviii) Notwithstanding any other provision of law, in an approved 22 assessing unit in the county of Nassau and for current base proportions 23 to be determined by taxes based on such approved assessing unit's two 24 thousand seventeen roll, the current base proportion of any class shall 25 not exceed the adjusted base proportion or adjusted proportion, whichev- 26 er is appropriate, of the immediately preceding year, by more than one 27 percent, provided that such approved assessing unit has passed a local 28 law, ordinance or resolution providing therefor. Where the computation 29 of current base proportions would otherwise produce such result, the 30 current base proportion of such class or classes shall be limited to 31 such one percent increase and the legislative body of such approved 32 assessing unit shall alter the current base proportion of either class 33 so that the sum of the current base proportions equals one. 34 § 4. This act shall take effect immediately; provided, however, that 35 section one of this act shall apply to the levy of taxes based on the 36 2017 assessment roll in a special assessing unit that is not a city and 37 that section three of this act shall apply to the levy of taxes based on 38 the 2017 assessment roll in approved assessing units in the county of 39 Nassau that pass a local law, ordinance or resolution to adopt these 40 provisions.
