Extends limitations on the shift between classes of taxable property in the town of Clarkstown, county of Rockland, the official text

S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4391
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 4, 2025
                                ___________
 
 Introduced  by  M.  of  A.  P. CARROLL  -- read once and referred to the
   Committee on Real Property Taxation
 
 AN ACT to amend the real property tax  law,  in  relation  to  extending
   limitations  on  the  shift between classes of taxable property in the
   town of Clarkstown, county of Rockland

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subparagraph  (xx)  of  paragraph (a) of subdivision 3 of
 section 1903 of the real property tax law, as amended by chapter 130  of
 the laws of 2024, is amended to read as follows:
   (xx)  Notwithstanding  any  other  provision  of  law,  in an approved
 assessing unit in the town of Clarkstown, county  of  Rockland  and  for
 current  base  proportions  to  be  determined  by  taxes  based on such
 approved assessing unit's two thousand seventeen--two thousand eighteen,
 two thousand eighteen--two thousand nineteen, two thousand nineteen--two
 thousand twenty, two thousand twenty--two thousand twenty-one, two thou-
 sand twenty-one--two thousand twenty-two, two  thousand  twenty-two--two
 thousand twenty-three, the two thousand twenty-three--two thousand twen-
 ty-four,  [and]  two thousand twenty-four--two thousand twenty-five, AND
 TWO THOUSAND TWENTY-FIVE--TWO THOUSAND TWENTY-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 one percent, provided that such
 approved  assessing unit has passed a local law, ordinance or resolution
 providing therefor. 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 one percent increase 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.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08483-01-5