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NY S05597

Bill

Official Source

Status

Engrossed

5/19/2015

Primary Sponsor

John Flanagan

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Amends chapter 97 of the laws of 2011 to make permanent the school district and local government tax levy limits (property tax cap)
  • Removes the June 15, 2016 expiration date and associated conditions that tied the tax cap to New York City's rent control laws
  • Tax levy limits continue to apply to school district budgets starting with the 2012-13 school year and to local government tax levies beginning in fiscal year 2012
  • Takes effect immediately upon enactment

Legislative Description

Eliminates the expiration of and makes permanent provisions of law establishing the property tax cap.

Last Action

referred to ways and means

6/17/2016

Committee Referrals

Rules6/17/2016
Local Government1/6/2016
Rules5/19/2015
Local Government5/15/2015

Full Bill Text

No bill text available