Relates to the determination of adjusted base proportions in special assessing units which are cities, the official text

S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7980
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                               May 15, 2025
                                ___________
 
 Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when
   printed to be committed to the Committee on Cities 1
 
 AN  ACT  to amend the real property tax law, in relation to the determi-
   nation of adjusted base proportions in special assessing  units  which
   are cities

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 1 of section 1803-a of the  real  property  tax
 law is amended by adding a new paragraph (nn) to read as follows:
   (NN)  NOTWITHSTANDING THE PROVISIONS OF PARAGRAPH (C) OF THIS SUBDIVI-
 SION TO THE CONTRARY, IN A SPECIAL ASSESSING UNIT WHICH IS  A  CITY  AND
 FOR  CURRENT BASE PROPORTIONS TO BE DETERMINED IN SUCH SPECIAL ASSESSING
 UNIT'S FISCAL YEAR TWO THOUSAND TWENTY-SIX, THE PERCENT INCREASE OF  THE
 CURRENT  BASE  PROPORTION OF ANY CLASS OVER THE ADJUSTED BASE PROPORTION
 OR ADJUSTED PROPORTIONS, WHICHEVER IS APPROPRIATE,  OF  THE  IMMEDIATELY
 PRECEDING YEAR SHALL BE DETERMINED BY THE LOCAL LEGISLATIVE BODY OF SUCH
 SPECIAL  ASSESSING UNIT, PROVIDED THAT SUCH PERCENT INCREASE SHALL BE NO
 MORE THAN FIVE PERCENT, AND PROVIDED FURTHER, THAT THE LOCAL LEGISLATIVE
 BODY SHALL MAKE SUCH DETERMINATION BY DECEMBER FIRST, TWO THOUSAND TWEN-
 TY-FIVE.
   § 2. In the event the special assessing unit which is a city has  sent
 out  real  property  tax  bills for its fiscal year 2026 before this act
 shall have become a law, the city shall take such actions as are  neces-
 sary,  consistent with applicable state and local law, to effectuate the
 provisions of section one of this act, including, but  not  limited  to,
 revising  the  current  base  proportions and adjusted base proportions,
 resetting the real property tax rates and sending amended real  property
 tax  bills.  Provided, however, that nothing in this act shall be deemed
 to affect the obligation of any taxpayer with respect to the payment  of
 any  installment of real property tax for such fiscal year which was due
 and payable prior to the date such amended real property tax  bills  are
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13075-01-5
 S. 7980                             2
 
 sent;  for this purpose, such obligations shall be determined in accord-
 ance with the applicable provisions of law that  were  in  effect  imme-
 diately  prior to the effective date of this act, and such city shall be
 authorized  to  determine the date on which amended bills are to be sent
 and the installments of real property tax  which  are  to  be  reflected
 therein.
   § 3. This act shall take effect immediately.