Provides that every assessing unit participating in the annual assessment program described in section 1573 of the real property tax law when such assessing unit is not conducting a full scale reappraisal or is altering the assessed values of less than twenty-five percent of the parcels shall be exempt from provisions of section 511 of the real property tax law requiring certain notice be given.
BILL NUMBER: S546
TITLE OF BILL : An act to amend the real property tax law, in relation to assessment disclosure
PURPOSE : Exempts from certain assessing units from assessment disclosure.
SUMMARY OF PROVISIONS : Section 1: Section 511 of the real property tax law is amended by adding a new subdivision 9 which exempts from the provisions of this section every assessing unit participating in the annual assessment program described in section 1573 of this chapter when such assessing unit is not conducting a full scale reappraisal or altering the assessed values of less than 25% of the parcels. Section 2: Effective Date.
JUSTIFICATION : Section 511 of the real property tax law (RPTL) requires that disclosure notices be sent to property taxpayers. RPTL 511 notices contains the property's prior assessed value, the new tentative assessed value, the net change, and a projected tax impact based on the change. Due to steady market activity some municipalities have to send out other notices to taxpayers. These notices are similar to RPTL 511 notices. In addition, the New York State Office of Real Property Services (NYSORPS) said in 1999 that municipalities would be responsible for RPTL 511 notices only when it does a full scale reappraisal. Apparently, NYSORPS was wrong and RPTL 511 notices must be sent every 3 years regardless of whether there has been a full scale reappraisal. This legislation would exempt any municipality involved in the annual assessment program from sending Section 511 notices in a year when they are not doing a full revaluation or changing the assessed values of more than 25% of the parcels.
LEGISLATIVE HISTORY : 2007 - Passed Senate; 2008 -local government
FISCAL IMPLICATIONS : None.
EFFECTIVE DATE : This act shall take effect immediately.
STATE OF NEW YORK ________________________________________________________________________ 546 2009-2010 Regular Sessions IN SENATE (PREFILED) January 7, 2009 ___________Introduced by Sen. ALESI -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law, in relation to assessment disclosure THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 511 of the real property tax law is amended by adding a new subdivision 9 to read as follows: 9. EVERY ASSESSING UNIT PARTICIPATING IN THE ANNUAL ASSESSMENT PROGRAM DESCRIBED IN SECTION FIFTEEN HUNDRED SEVENTY-THREE OF THIS CHAPTER WHEN SUCH ASSESSING UNIT IS NOT CONDUCTING A FULL SCALE REAPPRAISAL OR IS ALTERING THE ASSESSED VALUES OF LESS THAN TWENTY-FIVE PERCENT OF THE PARCELS SHALL BE EXEMPT FROM THE PROVISIONS OF THIS SECTION. S 2. This act shall take effect immediately.EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02457-01-9