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NY S09332

Bill

Official Source

Status

Passed

8/17/2022

Primary Sponsor

Elijah Reichlin-Melnick

Click for details

Origin

Senate

2021-2022 General Assembly

AI Summary

  • Extends limitations on property tax class shifts in the town of Orangetown, Rockland County to include the 2022-2023 assessment roll year
  • Requires that the current base proportion of any property class cannot increase by more than 1 percent compared to the previous year's adjusted base proportion
  • Applies only to approved assessing units in Orangetown that have passed a local law, ordinance, or resolution authorizing the limitation
  • Allows the legislative body to adjust class proportions to ensure the sum of all current base proportions equals one when the 1 percent cap would otherwise be exceeded
  • Takes effect immediately upon enactment

Legislative Description

Extends the limitations on the shift between classes of taxable property in the town of Orangetown, county of Rockland for the 2022--2023 assessment rolls.

Last Action

SIGNED CHAP.550

8/17/2022

Committee Referrals

Ways and Means5/24/2022
Rules5/23/2022
Local Government5/17/2022

Full Bill Text

No bill text available