Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 29, 2012 |
signed chap.85 |
Jun 22, 2012 |
delivered to governor |
Jun 20, 2012 |
returned to senate passed assembly ordered to third reading rules cal.433 substituted for a10651 |
May 23, 2012 |
referred to real property taxation delivered to assembly passed senate |
May 22, 2012 |
advanced to third reading |
May 21, 2012 |
2nd report cal. |
May 16, 2012 |
1st report cal.836 |
Apr 30, 2012 |
referred to local government |
Senate Bill S7131
Signed By Governor2011-2012 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2011-S7131 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10651
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd §1903, RPT L
2011-S7131 (ACTIVE) - Sponsor Memo
BILL NUMBER:S7131 TITLE OF BILL: An act to amend the real property tax law, in relation to limiting base proportion for the 2012-2013 assessment roll in the county of Suffolk PURPOSE: To enact legislation which limits the amount of a property tax shift from one class of property to another for 2012-2013 due to large fluctuations in property values between property classes for the Town of Islip, which is the only approved assessing unit in the county of Suffolk. SUMMARY OF PROVISIONS: This bill amends subparagraph (iv) of paragraph (a) of subdivision 3 of section 1903 of the real property tax law by extending for one year legislation which limits the amount of a property tax shift between classes of properties caused by large fluctuations in property values within classes. JUSTIFICATION: In Suffolk County there is a large differential in property tax value increases between classes of property. This in turn causes a large property tax increase in one class of property. Presently, the amount of taxes which can be shifted from one class to another is generally
2011-S7131 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7131 I N S E N A T E April 30, 2012 ___________ Introduced by Sen. ZELDIN -- 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 limiting base proportion for the 2012-2013 assessment roll in the county of Suffolk 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 145 of the laws of 2008, 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 [and], two thousand eight- -two thousand nine AND TWO THOUSAND TWELVE--TWO THOUSAND THIRTEEN assessment 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. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15590-01-2
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