What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
Senator · Senate District 42
History
- Referred to local government
- Print number 5891a
- Amend and recommit to rules
- Referred to rules
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Establishes the flood assessment relief act of 2011
In Assembly Committee · Real Property Taxation · Sponsor Donna Lupardo
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5891A
Title of bill
An act to establish the "flood assessment relief act of 2011"
Purpose
To allow localities to determine the taxable value of real property as of 2011.
Summary of provisions
To allow a new taxable value to be assigned to property catastrophically damaged by Hurricane Irene and Tropical Storm Lee for 2012 taxes.
Effects of present law which this bill would alter
Current law generally determined the value of property for 2012 County, City, Town, and Village taxes based on the property's value on (in most cases) March 1, 2011. This would set a new property valuation date of September 12, 2011 for properties which lost more than 50% of their value.
Justification
Hurricane Irene and Tropical Storm Lee caused substantial damage across New York State. This legislation gives relief to taxpayers whose property tax substantially damaged by these weather related disasters.
Legislative history
New legislation.
Fiscal implications
None. This is a local option.
Effective date
Immediately and shall be deemed to have been in full force and effect on and after August 26, 2011.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.