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S09486 Summary:

S09486 Actions:

S09486 Committee Votes:

S09486 Floor Votes:

S09486 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9486
 
                    IN SENATE
 
                                      May 16, 2024
                                       ___________
 
        Introduced  by  Sen.  THOMAS -- read twice and ordered printed, and when
          printed to be committed to the Committee on Local Government
 
        AN ACT to  amend  the  real  property  tax  law,  in  relation  to  base
          proportions in assessing units in Nassau and Suffolk counties
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision 1 of section 1803-a of the  real  property  tax
     2  law is amended by adding a new paragraph (mm) to read as follows:
     3    (mm)  Notwithstanding the provisions of paragraph (c) of this subdivi-
     4  sion to the contrary, in a special assessing unit that is not a city and
     5  for current base proportions to be determined by  taxes  based  on  such
     6  special  assessing  unit's two thousand twenty-four assessment roll, the
     7  current base proportion of any class shall not exceed the adjusted  base
     8  proportion  or  adjusted  proportion,  whichever  is appropriate, of the
     9  immediately preceding year by more than one percent. Where the  computa-
    10  tion  performed  pursuant  to  paragraph  (b)  of this subdivision would
    11  otherwise produce such result, the current base proportion of such class
    12  or classes shall be limited to such one percent increase and the  legis-
    13  lative  body of such special assessing unit shall alter the current base
    14  proportion of any or all remaining  classes  so  that  the  sum  of  the
    15  current base proportions equals one.
    16    §  2.  Subparagraph  (iv) of paragraph (a) of subdivision 3 of section
    17  1903 of the real property tax law, as amended by chapter 488 of the laws
    18  of 2023, is amended to read as follows:
    19    (iv) Notwithstanding any  other  provision  of  law,  in  an  approved
    20  assessing unit in the county of Suffolk and for current base proportions
    21  to  be  determined  by taxes based on such approved assessing unit's two
    22  thousand three - two thousand four, two thousand  four  -  two  thousand
    23  five  and  two  thousand  five  - two thousand six assessment rolls, the
    24  current base proportion of any class shall not exceed the adjusted  base
    25  proportion  or  adjusted  proportion,  whichever  is appropriate, of the
    26  immediately preceding year by more than two percent, or in the  case  of
    27  the  two thousand five--two thousand six, two thousand six--two thousand
    28  seven, two thousand seven--two thousand eight, two  thousand  eight--two
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15618-01-4
        S. 9486                             2
 
     1  thousand  nine, two thousand twelve--two thousand thirteen, two thousand
     2  thirteen--two thousand fourteen,  two  thousand  fourteen--two  thousand
     3  fifteen,  two  thousand  fifteen--two  thousand  sixteen,  two  thousand
     4  sixteen--two  thousand  seventeen,  two thousand seventeen--two thousand
     5  eighteen, two thousand eighteen--two  thousand  nineteen,  two  thousand
     6  nineteen--two  thousand  twenty, two thousand twenty--two thousand twen-
     7  ty-one, two thousand twenty-one--two thousand twenty-two,  two  thousand
     8  twenty-two--two  thousand twenty-three, [and] two thousand twenty-three-
     9  -two thousand twenty-four, and two  thousand  twenty-four--two  thousand
    10  twenty-five  assessment  rolls,  one percent.   Where the computation of
    11  current base  proportions  would  otherwise  produce  such  result,  the
    12  current  base  proportion  of  such class or classes shall be limited to
    13  such two percent or one percent increase whichever  is  applicable,  and
    14  the  legislative  body  of  such approved assessing unit shall alter the
    15  current base proportion of either class so that the sum of  the  current
    16  base proportions equals one.
    17    §  3. Paragraph (a) of subdivision 3 of section 1903 of the real prop-
    18  erty tax law is amended by adding a new subparagraph (xxvi) to  read  as
    19  follows:
    20    (xxvi)  Notwithstanding  any  other  provision  of law, in an approved
    21  assessing unit in the county of Nassau and for current base  proportions
    22  to  be  determined  by taxes based on such approved assessing unit's two
    23  thousand twenty-four assessment roll, the current base proportion of any
    24  class shall not exceed the adjusted base proportion or adjusted  propor-
    25  tion,  whichever  is  appropriate, of the immediately preceding year, by
    26  more than one percent, provided that such approved  assessing  unit  has
    27  passed  a  local  law, ordinance or resolution providing therefor. Where
    28  the computation of current base proportions would otherwise produce such
    29  result, the current base proportion of such class or  classes  shall  be
    30  limited  to  such  one percent increase and the legislative body of such
    31  approved assessing unit shall  alter  the  current  base  proportion  of
    32  either class so that the sum of the current base proportions equals one.
    33    §  4.  This act shall take effect immediately; provided, however, that
    34  paragraph (mm) of subdivision1 of section 1803-a of  the  real  property
    35  tax law, as added by section one of this act, shall apply to the levy of
    36  taxes based on the 2024 assessment roll in a special assessing unit that
    37  is  not a city and that subparagraph (xxvi) of paragraph (a) of subdivi-
    38  sion 3 of section 1903 of the real property tax law, as added by section
    39  three of this act, shall apply to the levy of taxes based  on  the  2024
    40  assessment roll in approved assessing units in the county of Nassau that
    41  pass a local law, ordinance or resolution to adopt these provisions.