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Who cares
Headline styles
Sponsors
3 Co-sponsors
History
- Recommit, enacting clause stricken
- Referred to local government
- Referred to local government
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2484
Title of bill
An act to amend the real property tax law, the education law and the general municipal law, in relation to establishing limitations upon school district and local government tax levies; and repealing certain provisions of the education law relating thereto
Purpose
This bill would establish a school property tax levy cap for all school districts other than the "Big 5" fiscally dependent city school districts, and a local government property tax levy cap for counties, cities other than New York City, towns, villages, special districts and fire districts.
Summary of provisions and statement in support
This bill would limit tax levy growth to the lesser of 2% or 120% of the annual increase in the consumer price index. It would shift the focus of school districts, local governments and voters from total spending, to the actual property taxes levied to support school district and local government expenses.
Budget implications
This bill would benefit local taxpayers by limiting the annual amount of real property taxes that school districts, counties, cities, towns, villages, special districts and fire districts can levy.
Legislative history
2010- S.67005 PASSED SENATE
Effective date
Immediately, with provisions.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.