Bill Text: NY S08567 | 2017-2018 | General Assembly | Introduced

---

Bill Title: Directs a city with a population of one million or more to reduce its real property tax levy for the 2019 fiscal year by an amount not less than the real property tax increase authorized pursuant to local law 40 of the city of New York for the year 2002.

Spectrum: Slight Partisan Bill (Republican 2-1)

Status: (Engrossed - Dead) 2018-06-19 - referred to real property taxation [S08567 Detail]

Download: New_York-2017-S08567-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________
                                          8567
                    IN SENATE
                                      May 10, 2018
                                       ___________
        Introduced  by  Sens.  LANZA,  FELDER,  GOLDEN -- read twice and ordered
          printed, and when printed to be committed to the Committee on Cities
        AN ACT directing a city with a population of  one  million  or  more  to
          reduce its real property tax levy
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Notwithstanding any provision of general, special or  local
     2  law  to  the  contrary,  a city with a population of one million or more
     3  shall reduce its real property tax levy for the 2019 fiscal year  by  an
     4  amount  not less than the real property tax increase authorized pursuant
     5  to local law 40 of the city of New York for the year 2002.
     6    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15836-01-8