What's happening
This bill limits annual increases in the proportion of school taxes levied on parts of cities or towns to no more than five percent.
Why it matters
Caps Year-to-Year Tax Shifts Within School Districts. By limiting how much the tax proportion can increase for any part of a city or town within a school district, the bill prevents sudden, steep jumps in school tax bills for residents of specific areas, offering more predictability.
Protects Homeowners from Dramatic Tax Changes Due to Reassessments. Areas that undergo property value reassessments or experience rapid growth would not see disproportionately large increases in their share of school taxes in a single year, helping to smooth out the fiscal impact for homeowners.
Could Affect School District Revenue Planning. School districts that rely on shifting property values to balance tax burdens may need to adjust their financial planning, as they can no longer pass more than a 5% increase in tax proportion onto any one city or town segment annually.
Promotes Fairness and Stability Across Districts. By ensuring all parts of a city or town in a school district see only gradual changes, the bill aims to distribute the tax burden more evenly over time, potentially reducing disputes and appeals related to perceived unfairness in tax allocation.
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Who cares
District superintendents
The bill would limit annual increases in each city or town portion’s share of a school district’s tax levy to five percent over its previous year’s share.
School district authorities
They would levy taxes using the capped proportions and calculate those proportions themselves in districts outside a district superintendent’s jurisdiction.
Property taxpayers in school districts spanning municipal boundaries
The bill would cap increases in their municipality’s share of the district levy, rather than cap individual tax bills or the district’s total levy.
Headline styles
Limit School Tax Increases
Plain English, a few words. Used as the page title.
Sponsors
1 Multi-sponsor
History
- Referred to real property taxation
- Print number 8667a
- 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 School Tax Increases
In Senate Committee · Local Government · Sponsor David Carlucci
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
8667--A
2017-2018 Regular Sessions
IN ASSEMBLY
September 11, 2017
Introduced by M. of A. JAFFEE -- read once and referred to the Committee on Real Property Taxation -- 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 the proportion of taxes to be raised in school districts
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph (d) of subdivision 1 of section 1314 of the real property tax law, as amended by chapter 158 of the laws of 2002, is amended to read as follows:
(d) Such district superintendent shall also determine what proportion of any tax to be levied in such school district for school purposes during the current school year shall be levied upon each part of a city or town included in such school district by dividing the sum of the full valuation of real property in such part of a city or town by the total of all such full valuations of real property in such school district. Such proportions shall be expressed in the nearest exact ten thousandths and the school authorities of such school district shall levy such a proportion of any tax to be raised in the school district during the current school year upon each part of a city or town included in such school district as shall have been determined by the district superintendent. A new proportion shall be determined for each school year thereafter by the district superintendent in accordance with the provisions of this section by the use of the latest state equalization rates. The new proportion shall not be increased more than five percent over the previous year's proportion. In any such school district that is not within the jurisdiction of a district superintendent of schools, the duties which would otherwise be performed by the district superintendent under the provisions of this section, shall be performed by the school authorities of such district.
§ 2. This act shall take effect on the one hundred eightieth day after it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD13429-02-7
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.