NY A09155

Requires assessment disclosure notices in cities to include property identification information (address, block, lot, tax class), market value, assessment ratio, and actual assessed value

Mandates disclosure of comparable properties used to value Class Two properties

Requires notices to list all applicable exemptions with descriptions and amounts, and if applicable, capped or transitional assessments with calculation details

Applies new requirements specifically to special assessing units that are cities, while allowing non-city assessing units to provide alternative assessment disclosure notices meeting minimum standards

Takes effect July 1, 2015