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NY S08567

Bill

Official Source

Status

Engrossed

6/19/2018

Primary Sponsor

Andrew Lanza

Click for details

Origin

Senate

2017-2018 General Assembly

AI Summary

  • Applies to any city in New York with a population of one million or more
  • Requires a reduction in real property tax levy for the 2019 fiscal year
  • The reduction amount must be at least equal to the real property tax increase authorized under New York City Local Law 40 for the year 2002
  • Takes effect immediately upon enactment
  • Introduced May 10, 2018 by Senators Lanza, Felder, and Golden

Legislative Description

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.

Last Action

referred to real property taxation

6/19/2018

Committee Referrals

Real Property Taxation6/19/2018
Cities5/10/2018

Full Bill Text

No bill text available