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NY S07359
Bill
Status
5/19/2023
Primary Sponsor
William Weber
Click for details
AI Summary
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Extends tax shift limitations for the town of Orangetown, Rockland County to include the 2023-2024 assessment roll (previously limited through 2022-2023)
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Maintains the existing one percent cap on year-over-year increases in the current base proportion for any property class
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Applies to approved assessing units that have passed a local law, ordinance, or resolution authorizing the limitation
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Requires the legislative body to adjust class proportions so the sum of current base proportions equals one if the one percent cap is triggered
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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 2023--2024 assessment rolls.
Last Action
SUBSTITUTED BY A7398
5/31/2023