Skip to content
A196Assembly2019-2020 Session

End Property Tax Assessment Rule

Official title

“Repeals subdivision 3 of section 727 of the real property tax law relating to petitions for review of the assessment on property”

Sponsor Kevin CahillAD-103Affects Housing
Status
In Assembly Committee
Real Property Taxation
Impact
4/10
Low
Passage
0%

Bill progress

Step 2 of 7

In committee · Real Property Taxation

What's happening

This bill repeals subdivision 3 of section 727 of the real property tax law regarding petitions for property assessment review.

Why it matters

  1. Changes how long property tax assessments remain fixed after a court review. By repealing subdivision 3 of section 727, the bill eliminates rules that may have limited when or how often property owners or taxing authorities could challenge or adjust property assessments after an initial court decision.

  2. Could increase frequency of assessment disputes. Without the restrictions from subdivision 3, both property owners and municipalities may have more opportunities to seek changes to property assessments, potentially leading to more frequent legal challenges or negotiations over property values.

  3. May affect tax predictability for property owners and local governments. The repeal could reduce the stability or certainty in property tax bills for property owners and impact local government budgeting, as property values might be contested and changed more often.

  4. Potentially shifts negotiation leverage. Depending on what subdivision 3 previously required, its repeal might alter the balance of power in property tax assessment disputes, possibly favoring either property owners or taxing authorities, depending on how the law had previously operated.

The daily · weekday mornings

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

End Property Tax Assessment Rule

Plain English, a few words. Used as the page title.

Sponsors

Primary sponsor
Kevin Cahill

Assembly Member · Assembly District 103

History

  1. Referred to real property taxation
  2. Referred to real property taxation

Full text

1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗

STATE OF NEW YORK

196

2019-2020 Regular Sessions

IN ASSEMBLY (Prefiled)

January 9, 2019

Introduced by M. of A. CAHILL -- Multi-Sponsored by -- M. of A. COOK, GUNTHER, JAFFEE, McDONOUGH -- read once and referred to the Committee on Real Property Taxation

AN ACT to repeal subdivision 3 of section 727 of the real property tax law, relating to petitions for review of the assessment on property

The People of the State of New York, represented in Senate and Assembly, do enact as follows:

Section 1. Subdivision 3 of section 727 of the real property tax law is REPEALED.

§ 2. This act shall take effect immediately.

EXPLANATION--Matter in italics (underscored) is new; matter in brackets

[ ] is old law to be omitted.

LBD00068-01-9

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.