Bill Text: NY S07411 | 2017-2018 | General Assembly | Introduced
Bill Title: Creates the New York state property tax assessment procedures study commission to provide the governor and the legislature with a blueprint for reforming the real property tax system and assessment process in the state of New York.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2018-01-16 - REFERRED TO LOCAL GOVERNMENT [S07411 Detail]
Download: New_York-2017-S07411-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 7411 IN SENATE January 16, 2018 ___________ Introduced by Sen. FUNKE -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to establish the property tax assessment procedures study commis- sion, and providing for its powers and duties The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. There is hereby established the New York state property tax 2 assessment procedures study commission to conduct a study of the real 3 property tax system and assessment procedures in the state of New York. 4 § 2. The New York state property tax assessment procedures study 5 commission shall consist of 11 members of which: three members shall be 6 appointed by the governor, three members shall be appointed by the 7 temporary president of the senate, three members shall be appointed by 8 the speaker of the assembly, one member shall be appointed by the minor- 9 ity leader of the senate, and one member shall be appointed by the 10 minority leader of the assembly. 11 § 3. The commission shall study this state's system of real property 12 taxation and assessment procedures. Such review shall include an analy- 13 sis and comparison of New York's real property tax system with that of 14 other states. Within three years the commission shall provide the 15 governor and the legislature with recommendations on any changes that 16 should be made to, at a minimum, the real property tax system, assess- 17 ment process and tax rate formulae utilized within the state of New 18 York. 19 § 4. The New York state property tax assessment procedures study 20 commission shall be assisted in its powers and duties pursuant to this 21 act by personnel employed by state and city of New York agencies includ- 22 ing, but not limited to, the state department of taxation and finance 23 and the department of finance of the city of New York. 24 § 5. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13747-02-7