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NY A07398

Bill

Status

Passed

8/23/2023

Primary Sponsor

Kenneth Zebrowski

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Extends tax class shift limitations in Orangetown, Rockland County through the 2023-2024 assessment roll year (previously limited through 2022-2023)

  • Caps annual increases in the current base proportion of any property tax class at 1 percent compared to the prior year's adjusted base proportion

  • Applies to approved assessing units that have passed a local law, ordinance, or resolution authorizing the limitation

  • Requires the legislative body to adjust current base proportions between classes so they equal one if the 1 percent cap is triggered

  • Takes effect immediately upon enactment

Legislative Description

Extends limitations on the shift between classes of taxable property in the town of Orangetown, county of Rockland.

Last Action

signed chap.309

8/23/2023

Committee Referrals

Rules5/31/2023
Rules5/24/2023
Ways and Means5/23/2023
Real Property Taxation5/19/2023

Full Bill Text

No bill text available