NY S03996

Extends the tax class shift limitation in Clarkstown, Rockland County to include the 2021-2022 assessment roll in addition to previously covered rolls from 2017-2018 through 2020-2021.

Maintains the existing restriction that the current base proportion of any property class cannot increase by more than one percent annually compared to the adjusted proportion from the preceding year.

Requires the approved assessing unit in Clarkstown to have passed a local law, ordinance, or resolution to implement this limitation.

Permits the legislative body to alter current base proportions between classes to ensure the combined proportions equal one if the one percent cap would otherwise be exceeded.

Takes effect immediately upon enactment.