What's happening
This bill limits annual increases in property tax base proportions to one percent for Nassau County assessing units that enact local laws adopting this rule.
Why it matters
Caps Property Tax Shifts. By limiting annual increases in base proportions for property tax classes to just one percent, the bill prevents sudden or steep tax burden shifts between residential and commercial property owners. This promotes greater stability and predictability in tax bills.
Requires Local Action. The one percent cap only applies if a Nassau County assessing unit (like a town or city) chooses to pass a local law adopting this rule, giving local governments direct control over whether to implement the limit based on their unique fiscal needs.
Immediate and Retroactive Impact. The law would take effect right away and specifically applies to taxes levied based on the 2017 assessment roll. This means it could retroactively impact tax calculations and planning for that year, potentially affecting both municipal budgets and property owners’ expectations.
Legislative Oversight on Adjustments. If the cap causes base proportions not to add up to a whole (one), the local legislative body must adjust the proportions so they fit the legal requirements, ensuring accountability and accuracy in how tax shares are distributed.
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Who cares
Headline styles
Limit Tax Shifts in Nassau
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to local government
- Committed to rules
- Advanced to third reading
- 2nd report cal.
- 1st report cal.576
- Referred to local government
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
3955
2017-2018 Regular Sessions
IN SENATE
January 31, 2017
Introduced by Sen. KAMINSKY -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government
AN ACT to amend the real property tax law, in relation to 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. Paragraph (a) of subdivision 3 of section 1903 of the real property tax law is amended by adding a new subparagraph (xviii) to read as follows:
(xviii) 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 seventeen 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.
§ 2. This act shall take effect immediately and shall apply to the levy of taxes based on the 2017 assessment roll in approved assessing units in the county of Nassau that pass a local law, ordinance or resolution to adopt these provisions.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09333-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend the real property tax law, in relation to the base proportion in approved assessing units in Nassau county
Purpose or general idea of bill
To allow approved assessing units under Article 19 of the Real Property Tax Law to adjust and limit the current base proportions to be determined by taxes based on such unit's 2017 assessment roll.
Summary of specific provisions
This bill amends Section 1903 of the Real Property Tax Law by adding a new subparagraph (xvii) to subdivision 3 to cap the maximum class growth rate at 1% in an approved assessing unit for the purposes of the 2017 tax roll, provided that the such aforementioned assessing unit has passed a local law, ordinance or resolution providing therefore.
Justification
Currently, state law provides that the current base proportions of any class in an approved assessing unit may not exceed the adjusted base proportion for that class from the prior year by more than 5%. This legislation would adjust that rule, for one year only, to cap the maximum cap growth rate at 1%. The change would reduce the amount by which any class of property is allowed to grow. This legislation reduces the burden to a class of properties, a burden which would otherwise cause taxpayers in that class to see a rate increase and the result being a significant increase in class property tax bills. This bill proposes to limit the rate of growth to 1% to ensure that property tax liabilities are more equitably distributed between the unit's classes of property.
Prior legislative history
Chapter 94 of 2004, Chapter 20 of 2005, Chapter 24 of 2006, Chapter 46 of 2007, Chapter 123 of 2008, Chapter 382 of 2009, Chapter 273 of 2010, Chapter 36 of 2011, Chapter 30 of 2012, Chapter 85 of 2013; Chapter 333 of 2014, Chapter 256 of 2015.
Fiscal implications
None to the state or localities.
Effective date
This act shall take effect immediately and shall apply to the levy of taxes based on the 2017 assessment roll in approved assessing unit.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.