Bill Text: NY S07489 | 2015-2016 | General Assembly | Introduced

---

Bill Title: Limits the amount of a property tax shift from one class of property to another for 2016-2017 in the county of Suffolk.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-06-17 - COMMITTED TO RULES [S07489 Detail]

Download: New_York-2015-S07489-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________
                                          7489
                    IN SENATE
                                       May 5, 2016
                                       ___________
        Introduced  by  Sen.  CROCI  -- 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 adjusted  base
          proportions for assessment rolls
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Subparagraph (iv) of paragraph  (a)  of  subdivision  3  of
     2  section  1903 of the real property tax law, as amended by chapter 266 of
     3  the laws of 2015, is amended to read as follows:
     4    (iv) Notwithstanding any  other  provision  of  law,  in  an  approved
     5  assessing unit in the county of Suffolk and for current base proportions
     6  to  be  determined  by taxes based on such approved assessing unit's two
     7  thousand three - two thousand four, two thousand  four  -  two  thousand
     8  five  and  two  thousand  five  - two thousand six assessment rolls, the
     9  current base proportion of any class shall not exceed the adjusted  base
    10  proportion  or  adjusted  proportion,  whichever  is appropriate, of the
    11  immediately preceding year by more than two percent, or in the  case  of
    12  the  two thousand five--two thousand six, two thousand six--two thousand
    13  seven, two thousand seven--two thousand eight, two  thousand  eight--two
    14  thousand  nine, two thousand twelve--two thousand thirteen, two thousand
    15  thirteen--two thousand fourteen,  two  thousand  fourteen--two  thousand
    16  fifteen, [and] two thousand fifteen--two thousand sixteen, and two thou-
    17  sand  sixteen--two  thousand  seventeen  assessment  rolls, one percent.
    18  Where the  computation  of  current  base  proportions  would  otherwise
    19  produce such result, the current base proportion of such class or class-
    20  es shall be limited to such two percent or one percent increase whichev-
    21  er  is  applicable,  and the legislative body of such approved assessing
    22  unit shall alter the current base proportion of either class so that the
    23  sum of the current base proportions equals one.
    24    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14963-01-6