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A05571 Summary:
| BILL NO | A05571 |
| SAME AS | No Same As |
| SPONSOR | Brabenec |
| COSPNSR | Mikulin, Beephan |
| MLTSPNSR | |
| Add §1527-b, amd §§2022 & 3602, Ed L; add §§431, 431-a & 906-a, amd §1573, RPT L; add §26, Gen Muni L; add §99-qq, St Fin L | |
| Relates to school property and real property taxes; establishes the blue ribbon commission on property tax reform; relates to state assistance for local real property reassessment, state assistance to assessing units within a school district, providing a fixed real property assessed value for residential real property owned by certain persons over the age of 65 and providing state reimbursement to municipalities for lost real property tax revenue; requires the state to fund certain programs mandated for municipal corporations or school districts. | |