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NY S04767
Bill
Status
Introduced
2/14/2023
Primary Sponsor
Andrew Lanza
Click for details
AI Summary
- Applies to cities with a population of one million or more
- Requires reduction of real property tax levy for fiscal year 2024
- Reduction amount must be at least equal to the real property tax increase authorized by New York City Local Law 40 of 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 2024 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
1/3/2024
Committee Referrals
Cities 12/14/2023
Full Bill Text
No bill text available