Senate Bill S9058

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9058
 
                             I N  S E N A T E
 
                             January 28, 2026
                                ___________
 
 Introduced  by  Sen.  WEBER  -- 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  extending
   limitations  on  the  shift between classes of taxable property in the
   town of Orangetown, county of Rockland
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subparagraph  (xix)  of paragraph (a) of subdivision 3 of
 section 1903 of the real property tax law, as amended by chapter 158  of
 the laws of 2025, is amended to read as follows:
   (xix)  Notwithstanding  any  other  provision  of  law, in an approved
 assessing unit in the town of Orangetown, county  of  Rockland  and  for
 current  base  proportions  to  be  determined  by  taxes  based on such
 approved assessing unit's two thousand eighteen--two thousand  nineteen,
 two  thousand  nineteen--two  thousand  twenty, two thousand twenty--two
 thousand twenty-one, two thousand twenty-one--two  thousand  twenty-two,
 two  thousand  twenty-two--two thousand twenty-three, two thousand twen-
 ty-three--two thousand twenty-four, two thousand twenty-four--two  thou-
 sand  twenty-five,  [and] two thousand twenty-five--two thousand twenty-
 six AND TWO THOUSAND TWENTY-SIX--TWO  THOUSAND  TWENTY-SEVEN  assessment
 rolls,  the  current  base  proportion of any class shall not exceed the
 adjusted base proportion or adjusted proportion, whichever is  appropri-
 ate,  of  the  immediately  preceding  year,  by  more than one percent,
 provided that such approved assessing unit has passed a local law, ordi-
 nance 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.
                                                            LBD14641-01-6