S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8932
 
                             I N  S E N A T E
 
                               June 6, 2018
                                ___________
 
 Introduced  by Sen. FLANAGAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the real property tax law, in relation to adjusted  base
   proportions for assessment rolls
 
   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 152 of
 the laws of 2017, 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, two  thousand  eight--two
 thousand  nine, two thousand twelve--two thousand thirteen, two thousand
 thirteen--two thousand fourteen,  two  thousand  fourteen--two  thousand
 fifteen,  two  thousand  fifteen--two  thousand  sixteen,  two  thousand
 sixteen--two thousand seventeen, [and] two thousand seventeen--two thou-
 sand eighteen, AND TWO THOUSAND EIGHTEEN--TWO THOUSAND NINETEEN  assess-
 ment   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.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01737-04-8