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NY S09704
Bill
Status
7/3/2024
Primary Sponsor
William Weber
Click for details
AI Summary
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Extends the limitation on shifts between classes of taxable property in Orangetown, Rockland County to include the 2024--2025 assessment rolls (previously limited through 2023--2024)
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Maintains the existing one percent maximum increase cap on the current base proportion of any property class compared to the immediately preceding year
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Applies to approved assessing units that have passed a local law, ordinance or resolution authorizing these limitations
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Requires the legislative body to adjust current base proportions of classes so the sum equals one if the one percent increase limit is exceeded
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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 for the 2024--2025 assessment rolls.
Last Action
SIGNED CHAP.193
7/3/2024