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NY S06102

Bill

Official Source

Status

Introduced

4/8/2021

Primary Sponsor

Andrew Lanza

Click for details

Origin

Senate

2021-2022 General Assembly

AI Summary

  • Requires cities with a population of one million or more to reduce their real property tax levy for the 2022 fiscal year
  • Reduction amount must be at least equal to the real property tax increase authorized under New York City Local Law 40 from 2002
  • Takes effect immediately upon enactment

Legislative Description

Directs a city with a population of one million or more to reduce its real property tax levy for the 2022 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 CITIES 1

1/5/2022

Committee Referrals

Cities 14/8/2021

Full Bill Text

No bill text available