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NY A09012

Bill

Official Source

Status

Passed

5/18/2012

Primary Sponsor

Harvey Weisenberg

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Amends the real property tax law to allow Nassau County approved assessing units to base current proportions on both the 2011 and 2012 assessment rolls instead of only the 2011 roll
  • Limits increases in current base proportion for any property class to no more than one percent compared to the prior year's adjusted base proportion, provided the assessing unit passes a local law, ordinance, or resolution
  • Requires legislative bodies to adjust current base proportions of property classes so their sum equals one if the one percent cap would otherwise be exceeded
  • Takes effect immediately and applies to taxes levied on the 2012 assessment roll in Nassau County assessing units that adopt these provisions through local legislation

Legislative Description

Relates to the base proportion in approved assessing units in Nassau county.

Last Action

signed chap.30

5/18/2012

Committee Referrals

Local Government4/25/2012
Ways and Means3/13/2012
Real Property Taxation1/13/2012

Full Bill Text

No bill text available