Extends from December 31, 2012 until March 31, 2013, the expiration and repeal of provisions of law relating to the review of assessments in the county of Nassau.
TITLE OF BILL: An act to amend chapter 401 of the laws of 2002, amending the real property tax law and the Nassau county administrative code relating to assessment and review of assessments in the county of Nassau, in relation to extending the expiration and repeal of certain provisions thereof
PURPOSE: This bill extend until March 31, 2012, the expiration and repeal of provisions of law relating to the review of assessment in Nassau County which were enacted in 2002 and are due to expire on December 31, 2012.
SUMMARY OF PROVISIONS: Section one extends the sections two, four and seven of Chapter 401 of 2002 until March 31, 2013.
Section two provides that the act shall take effect immediately.
EXISTING LAW: Chapter 401 of 2002 reshaped the assessment review procedure in Nassau County. This Chapter strengthened the Assessment Review Commission's (ARC) ability to review and resolve assessment challenges before the assessment roll becomes final. More specifically, section two of the Chapter retains the existing law's valuation date, but makes it applicable to the following year's final roll. This section also codified ARC's authority to accept and consider evidence of value as of the statutory valuation date based on conditions in existence at the time of the hearing.
Section four of Chapter 401 of 2002 provided that the tentative assessment roll shall be completed and verified as the final assessment roll on or before the first business day of April in the year following its initial publication.
Section seven of the Chapter provides that if there is a change in the exempt status, construction of new improvements or destruction of existing improvements between publication of the tentative assessment roll and the taxable status date for the following year, the Board of Assessors shall determine a new assessment or correct the exempt status of the property. The aforementioned provisions are due to expire and be deemed repealed on December 31, 2012, this bill would extend said provisions until March 31, 2013.
JUSTIFICATION: This bill extends until March 31, 2013 provisions in Chapter 401 of 2002 that are due to expire on December 31, 2012. This extension will provide the County with the necessary time to review the assessment procedure in Nassau County and to make necessary changes.
LEGISLATIVE HISTORY: New bill.
FISCAL IMPLICATIONS: None.
EFFECTIVE DATE: Immediately.
STATE OF NEW YORK ________________________________________________________________________ 7713 IN SENATE June 14, 2012 ___________Introduced by Sen. HANNON -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend chapter 401 of the laws of 2002, amending the real prop- erty tax law and the Nassau county administrative code relating to assessment and review of assessments in the county of Nassau, in relation to extending the expiration and repeal of certain provisions thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 8 of section 9 of chapter 401 of the laws of 2002, amending the real property tax law and the Nassau county adminis- trative code relating to assessment and review of assessments in the county of Nassau, is amended to read as follows: 8. Notwithstanding the foregoing provisions of this act, on
[December 31, 2012]MARCH 31, 2013, the amendments of sections 6-2.1 and 6-13.0 of the Nassau county administrative code, made by sections two and four of this act, and section 6-24.1 of such code, as added by section seven of this act, shall be deemed repealed. On such date the addition of the words "the year following" to the first sentence of subdivision 8 of section 523-b of the real property tax law, as amended by section one of this act, shall be deemed repealed. S 2. This act shall take effect immediately.EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD16249-01-2