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NY S05913

Bill

Official Source

Status

Introduced

7/1/2013

Primary Sponsor

Tony Avella

Click for details

Origin

Senate

2013-2014 General Assembly

AI Summary

  • Adds new section 11-239-a to the New York City Administrative Code
  • Prohibits increasing the assessed value of real property for one year following a decrease in that property's assessed value
  • Takes effect immediately upon enactment

Legislative Description

Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year.

Last Action

PRINT NUMBER 5913A

3/20/2014

Committee Referrals

Cities1/8/2014
Rules7/1/2013

Full Bill Text

No bill text available