What's happening
This bill limits annual increases in property tax base proportions to 1% for certain Nassau County assessing units and special districts.
Why it matters
Prevents sudden property tax spikes for specific Nassau County areas. by capping annual increases in the proportion of taxes paid by each property class to just 1%, helping homeowners and businesses avoid unpredictable tax jumps.
Requires local legislative approval for the cap to take effect in certain areas. , meaning individual towns or districts must opt in by passing their own law or resolution, giving local governments flexibility and control.
Mandates proportional adjustments across property classes. if one class reaches the 1% cap, ensuring that the total tax base remains balanced and does not shift the burden unfairly among different types of property owners.
Targets tax years starting with the 2018 assessment roll. , providing immediate relief and predictability for budgeting to affected property owners in the specified Nassau County units and special districts.
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Who cares
Headline styles
Limit Tax Class Increases
Plain English, a few words. Used as the page title.
Sponsors
1 Co-sponsor
History
- Reported referred to ways and means
- Print number 7298b
- Amend and recommit to real property taxation
- Committed to real property taxation
- Ordered to third reading cal.511
- Returned to assembly
- Died in senate
- Referred to rules
- Delivered to senate
- Passed assembly
- Ordered to third reading rules cal.235
- Rules report cal.235
Show 6 earlier actions
- Reported
- Reported referred to rules
- Reported referred to ways and means
- Print number 7298a
- Amend and recommit to real property taxation
- Referred to real property taxation
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.
Limit Assessment Changes Outside Cities
In Assembly Committee · Real Property Taxation · Sponsor Elaine Phillips
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
7298--B
2017-2018 Regular Sessions
IN ASSEMBLY
April 21, 2017
Introduced by M. of A. LAVINE, M. L. MILLER -- read once and referred to the Committee on Real Property Taxation -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- ordered to a third reading -- committed to the Committee on Real Property Taxation in accordance with Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee
AN ACT to amend the real property tax law, in relation to allowing certain special assessing units other than cities to adjust their current base proportions, adjusted base proportions for assessment rolls, and the base proportion in approved assessing units in Nassau county
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subdivision 1 of section 1803-a of the real property tax law is amended by adding a new paragraph (dd) to read as follows:
(dd) Notwithstanding the provisions of paragraph (c) of this subdivision to the contrary, in a special assessing unit that is not a city and for current base proportions to be determined by taxes based on such special assessing unit's two thousand eighteen assessment roll, the current base proportion of any class shall not exceed the adjusted base proportion or adjusted proportion, whichever is appropriate, of the immediately preceding year by more than one percent. Where the computation performed pursuant to paragraph (b) of this subdivision would otherwise produce such result, the current base proportion of such class or classes shall be limited to such one percent increase and the legislative body of such special assessing unit shall alter the current base proportion of any or all remaining classes so that the sum of the current base proportions equals one.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10967-06-8
A. 7298--B 2
§ 2. Paragraph (a) of subdivision 3 of section 1903 of the real property tax law is amended by adding a new subparagraph (xix) to read as follows:
(xix) Notwithstanding any other provision of law, in an approved assessing unit in the county of Nassau and for current base proportions to be determined by taxes based on such approved assessing unit's two thousand eighteen roll, the current base proportion of any class shall not exceed the adjusted base proportion or adjusted proportion, whichever is appropriate, of the immediately preceding year, by more than one percent, provided that such approved assessing unit has passed a local law, ordinance or resolution providing therefor. Where the computation of current base proportions would otherwise produce such result, the current base proportion of such class or classes shall be limited to such one percent increase and the legislative body of such approved assessing unit shall alter the current base proportion of either class so that the sum of the current base proportions equals one.
§ 3. This act shall take effect immediately; provided, however, that section one of this act shall apply to the levy of taxes based on the 2018 assessment roll in a special assessing unit that is not a city and that section two of this act shall apply to the levy of taxes based on the 2018 assessment roll in approved assessing units in the county of Nassau that pass a local law, ordinance or resolution to adopt these provisions.
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.