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NY S04767

Bill

Status

Introduced

2/14/2023

Primary Sponsor

Andrew Lanza

Click for details

Origin

Senate

2023-2024 General Assembly

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