Establishes the 13 member temporary state commission on New York city property tax reform to propose property tax reform for the city of New York that promotes fairness, clarity, and simplicity; that eliminates structural inequality and taxes similar properties similarly; that encourages the development and preservation of affordable and multifamily housing; that includes owner relief programs and an approach to transition that insures low- and moderate-income owners have affordable tax bills and that primary residents are not displaced from their homes
S T A T E O F N E W Y O R K
________________________________________________________________________
7061
2025-2026 Regular Sessions
I N A S S E M B L Y
March 20, 2025
___________
Introduced by M. of A. BRAUNSTEIN -- read once and referred to the
Committee on Real Property Taxation
AN ACT to create a temporary state commission to be known as the tempo-
rary state commission on New York city property tax reform
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. a. A temporary state commission is hereby created to be
known as the temporary state commission on New York city property tax
reform. The temporary commission shall consist of thirteen members as
follows: the commissioner of taxation and finance and two additional
members appointed by the governor; two members appointed by the tempo-
rary president of the senate and one by the minority leader of the
senate, all of whom shall be members of the body; two members appointed
by the speaker of the assembly and one member by the minority leader of
the assembly, all of whom shall be members of the body; one member
appointed by the speaker of the New York city council; the commissioner
of the New York city department of finance; one member appointed by the
comptroller of the city of New York, and one member appointed by the
mayor of the city of New York. The commissioner of taxation and finance
shall serve as chair.
b. No member, officer or employee of the commission shall be disquali-
fied from holding any other public office or employment, nor shall lie
forfeit any such office or employment by reason of appointment here-
under, notwithstanding the provisions of any general, special or local
law, ordinance or city charter.
c. All appointments to the temporary commission shall be made within
fourteen days of the effective date of this act.
d. The members of the temporary commission shall receive no compen-
sation for their services, but shall be allowed their actual and neces-
sary expenses incurred in the performance of their duties hereunder.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04038-01-5
A. 7061 2
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. 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.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.