Bill Text: NY S06222 | 2011-2012 | General Assembly | Introduced
Bill Title: Relates to the base proportion in approved assessing units in Nassau county.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-04-25 - SUBSTITUTED BY A9012 [S06222 Detail]
Download: New_York-2011-S06222-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 6222 A. 9012 S E N A T E - A S S E M B L Y January 13, 2012 ___________ IN SENATE -- Introduced by Sen. MARTINS -- read twice and ordered print- ed, and when printed to be committed to the Committee on Local Govern- ment IN ASSEMBLY -- Introduced by M. of A. WEISENBERG -- read once and referred to the Committee on Real Property Taxation AN ACT to amend the real property tax law, in relation to 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. Subparagraph (xiii) of paragraph (a) of subdivision 3 of 2 section 1903 of the real property tax law, as added by chapter 36 of the 3 laws of 2011, is amended to read as follows: 4 (xiii) Notwithstanding any other provision of law, in an approved 5 assessing unit in the county of Nassau and for current base proportions 6 to be determined by taxes based on such approved assessing unit's two 7 thousand eleven AND TWO THOUSAND TWELVE assessment [roll] ROLLS, the 8 current base proportion of any class shall not exceed the adjusted base 9 proportion or adjusted proportion, whichever is appropriate, of the 10 immediately preceding year, by more than one percent, provided that such 11 approved assessing unit has passed a local law, ordinance or resolution 12 providing therefor. Where the computation of current base proportions 13 would otherwise produce such result, the current base proportion of such 14 class or classes shall be limited to such one percent increase and the 15 legislative body of such approved assessing unit shall alter the current 16 base proportion of either class so that the sum of the current base 17 proportions equals one. 18 S 2. This act shall take effect immediately and shall apply to the 19 levy of taxes based on the 2012 assessment roll in approved assessing 20 units in the county of Nassau that pass a local law, ordinance or resol- 21 ution to adopt these provisions. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13994-02-2