S T A T E   O F   N E W   Y O R K
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                                   10011
 
                           I N  A S S E M B L Y
 
                               March 4, 2020
                                ___________
 
 Introduced by M. of A. JAFFEE -- read once and referred to the Committee
   on Real Property Taxation
 
 AN  ACT  to  amend  the  real property tax law, in relation to extending
   limitations on the shift between classes of taxable  property  in  the
   town of Orangetown, county of Rockland
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subparagraph (xix) of paragraph (a)  of  subdivision  3  of
 section  1903 of the real property tax law, as amended by chapter 121 of
 the laws of 2019, is amended to read as follows:
   (xix) Notwithstanding any other  provision  of  law,  in  an  approved
 assessing  unit  in  the  town of Orangetown, county of Rockland and for
 current base proportions  to  be  determined  by  taxes  based  on  such
 approved  assessing  unit's two thousand eighteen--two thousand nineteen
 [and], two thousand nineteen--two thousand twenty AND TWO THOUSAND TWEN-
 TY--TWO THOUSAND TWENTY-ONE assessment rolls, the current  base  propor-
 tion  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 other-
 wise produce such result, the current base proportion of such  class  or
 classes  shall  be limited to such one percent increase and the legisla-
 tive 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.
                                                            LBD15487-01-0