S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8605
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 22, 2025
                                ___________
 
 Introduced  by  M.  of  A.  O'PHARROW  --  read once and referred to the
   Committee on Real Property Taxation
 
 AN ACT to amend the real property tax law in relation to authorizing the
   commissioner of taxation and  finance  to  establish  segment  special
   equalization rates for certain school districts

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any law, rule or procedure to the contrary,
 the commissioner of taxation and finance shall establish segment special
 equalization rates starting in fiscal year 2025 for the Amityville Union
 Free School District and Farmingdale Union Free School District for  the
 segments  of  the  districts  in  the towns of Babylon and Oyster Bay. A
 segment special equalization rate shall not be established  pursuant  to
 this  act  if  there  would  not be at least a two percent change in the
 share of the levy of at least one segment of the taxing jurisdiction  as
 the  result  of  the  use  of the indicated special equalization rate in
 place of the  equalization  rate  which  would  otherwise  be  used  for
 purposes  of  this apportionment. The segment special equalization rates
 calculated pursuant to this act shall be used solely for the  apportion-
 ment of school taxes.
   §  2. Section 1218 of the real property tax law, as amended by section
 18 of part W of chapter 56 of the laws of 2010, is amended  to  read  as
 follows:
   § 1218. Review of final determinations of state board of real property
 tax services relating to state equalization rates. A final determination
 of  the  state  board  of  real  property tax services relating to state
 equalization rates may be reviewed by commencing an action in the appel-
 late division of the supreme court in the  manner  provided  by  article
 seventy-eight  of  the  civil practice law and rules upon application of
 the county, city, town or village for  which  the  rate  or  rates  were
 established.  HOWEVER,  ANY TAXING JURISDICTION CONTAINED WITHIN A SPLIT
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13043-02-5
              

 A. 8605                             2
 
 TAXING JURISDICTION THAT CROSSES COUNTY LINES MAY  COMMENCE  PROCEEDINGS
 DIRECTING  A  REVISED STATE EQUALIZATION RATE FOR ANY COUNTY, VILLAGE OR
 SCHOOL DISTRICT CONTAINED WITHIN  THE  SPLIT  TAXING  JURISDICTION  THAT
 CROSSES  COUNTY LINES. The standard of review in such a proceeding shall
 be as specified in subdivision four  of  section  seventy-eight  hundred
 three  of  the  civil  practice law and rules. Whenever a final order is
 issued in such a proceeding directing a revised state equalization rate,
 any county, village or school district that used the former rate in  the
 apportionment  of taxes must, upon receipt of such final order, recalcu-
 late the levy that used such former rate and credit or debit  as  appro-
 priate  its  constituent  municipalities  in its next levy.  Any special
 franchise assessments that were established using the former rate  must,
 upon  receipt  of  such  final  order,  be revised by the state board in
 accordance with the new rate, and, if taxes  have  already  been  levied
 upon  such  assessments,  the  affected  special  franchise owners shall
 either automatically receive a refund if there is a decrease or be taxed
 on an increase in the next levy  in  the  manner  provided  for  omitted
 parcels in title three of article five of this chapter.
   § 3. This act shall take effect immediately.