senate Bill S6476

Relates to the base proportion in approved assessing units in Nassau county

download pdf

Sponsor

Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
view actions

actions

  • 28 / Jan / 2014
    • REFERRED TO LOCAL GOVERNMENT
  • 04 / Feb / 2014
    • 1ST REPORT CAL.127
  • 10 / Feb / 2014
    • 2ND REPORT CAL.
  • 11 / Feb / 2014
    • ADVANCED TO THIRD READING
  • 20 / May / 2014
    • SUBSTITUTED BY A8646

Summary

Relates to the base proportion in approved assessing units in Nassau county.

do you support this bill?

Bill Details

See Assembly Version of this Bill:
A8646
Versions:
S6476
Legislative Cycle:
2013-2014
Law Section:
Real Property Tax Law
Laws Affected:
Amd ยง1903, RPT L

Votes

9
0
9
Aye
0
Nay
0
aye with reservations
0
absent
0
excused
0
abstained
show Local Government committee vote details

Sponsor Memo

BILL NUMBER:S6476

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 deter-
mined by taxes based on such unit's 2014 assessment roll.

SUMMARY OF SPECIFIC PROVISIONS:

This bill amends Section 1903 of the Real Property Tax Law by adding a
new subparagraph (xiv) to subdivision 3 to cap the maximum class growth
rate at 1% in an approved assessing unit for the purposes of the 2014
tax roll, provided that the such aforementioned assessing unit has
passed a local law, ordinance or resolution providing therefor.

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 maxi-
mum 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.

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 2014 assessment roll in approved assessing unit.

view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  6476

                            I N  S E N A T E

                            January 28, 2014
                               ___________

Introduced  by  Sen. MARTINS -- 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 ASSEM-
BLY, 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 (xv) to read as
follows:
  (XV)  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 FOURTEEN ROLL, THE CURRENT BASE PROPORTION OF ANY  CLASS  SHALL
NOT EXCEED THE ADJUSTED BASE PROPORTION OR ADJUSTED PROPORTION, WHICHEV-
ER  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.
  S 2. This act shall take effect immediately and  shall  apply  to  the
levy  of  taxes  based on the 2014 assessment roll in approved assessing
units in the county of Nassau that pass a local law, ordinance or resol-
ution to adopt these provisions.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13693-01-4

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.