Limiting the shift between classes of taxable property in the town of Haverstraw, county of Rockland, the official text

S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5364
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 13, 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  limiting  the
   shift  between  classes of taxable property in the town of Haverstraw,
   county of Rockland

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Paragraph (a) of subdivision 3 of section 1903 of the real
 property tax law is amended by adding a new subparagraph (xxvii) to read
 as follows:
   (XXVII) NOTWITHSTANDING ANY OTHER PROVISION OF  LAW,  IN  AN  APPROVED
 ASSESSING  UNIT  IN  THE  TOWN OF HAVERSTRAW, COUNTY OF ROCKLAND AND FOR
 CURRENT BASE PROPORTIONS  TO  BE  DETERMINED  BY  TAXES  BASED  ON  SUCH
 APPROVED  ASSESSING  UNIT'S TWO THOUSAND TWENTY-FIVE--TWO THOUSAND TWEN-
 TY-SIX ASSESSMENT ROLLS, THE CURRENT BASE PROPORTION OF ANY CLASS  SHALL
 NOT EXCEED THE ADJUSTED BASE PROPORTION OR ADJUSTED PROPORTION, WHICHEV-
 ER  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.
                                                            LBD07485-01-5