Senate Bill S2706

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

                                 2706--A

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                            February 26, 2009
                               ___________

Introduced  by  Sen.  FOLEY  -- read twice and ordered printed, and when
  printed to be committed  to  the  Committee  on  Local  Government  --
  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 limiting  base
  proportion for the 2009-2010 assessment roll in the county of Suffolk

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subparagraph (iv) of paragraph  (a)  of  subdivision  3  of
section  1903 of the real property tax law, as amended by chapter 145 of
the laws of 2008, is amended to read as follows:
  (iv) Notwithstanding any  other  provision  of  law,  in  an  approved
assessing unit in the county of Suffolk and for current base proportions
to  be  determined  by taxes based on such approved assessing unit's two
thousand three - two thousand four, two thousand  four  -  two  thousand
five  and  two  thousand  five  - two thousand six assessment rolls, 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 two percent, or in the  case  of
the  two thousand five--two thousand six, two thousand six--two thousand
seven, two thousand seven--two thousand eight [and], two thousand eight-
-two thousand nine AND TWO THOUSAND NINE--TWO  THOUSAND  TEN  assessment
rolls,  one  percent.  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 two  percent  or  one  percent
increase  whichever  is  applicable,  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.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09359-02-9