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NY S09704

Bill

Status

Passed

7/3/2024

Primary Sponsor

William Weber

Click for details

Origin

Senate

2023-2024 General Assembly

AI Summary

  • 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)

  • Maintains the existing one percent maximum increase cap on the current base proportion of any property class compared to the immediately preceding year

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

  • Requires the legislative body to adjust current base proportions of classes so the sum equals one if the one percent increase limit is exceeded

  • 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

Committee Referrals

Ways and Means6/3/2024
Rules5/28/2024
Local Government5/22/2024

Full Bill Text

No bill text available