New York State Assembly

 
•  Summary 
 
•  Actions 
 
•  Committee Votes 
 
•  Floor Votes 
 
•  Memo 
 
•  Text 
 
•  LFIN 
 
•  Chamber Video/Transcript 

S06959 Summary:

S06959 Actions:

S06959 Committee Votes:

S06959 Floor Votes:

S06959 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
            S. 6959                                                  A. 8805
 
                               2017-2018 Regular Sessions
 
                SENATE - ASSEMBLY
 
                                    November 27, 2017
                                       ___________
 
        IN SENATE -- Introduced by Sen. AMEDORE -- read twice and ordered print-
          ed, and when printed to be committed to the Committee on Rules
 
        IN  ASSEMBLY -- Introduced by M. of A. FAHY -- read once and referred to
          the Committee on Real Property Taxation
 
        AN ACT to amend the real property tax  law,  in  relation  to  requiring
          notice  where  the  tentative  equalization rate varies more than five
          percentage points from the locally stated level of assessment
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Section  1204  of the real property tax law is amended by
     2  adding a new subdivision 3 to read as follows:
     3    3. Where the tentative equalization rate is not within plus  or  minus
     4  five  percentage  points  of the locally stated level of assessment, the
     5  assessor shall provide notice in writing to the local governing body  of
     6  any  affected  town,  city,  village,  county and school district of the
     7  difference between the locally stated level of assessment and the tenta-
     8  tive equalization rate.  Such notice shall be made within  ten  days  of
     9  the  receipt  of  the tentative equalization rate, or within ten days of
    10  the filing of the tentative assessment roll,  whichever  is  later,  and
    11  shall provide the difference in the indicated total full value estimates
    12  of the locally stated level of assessment and the tentative equalization
    13  rate  for the taxable property within each affected town, city, village,
    14  county and school district, where applicable.
    15    § 2. This act shall take effect immediately.
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13811-01-7