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

S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          11234

                                  I N  A S S E M B L Y

                                       May 1, 2026
                                       ___________

        Introduced by M. of A. WEPRIN -- read once and referred to the Committee
          on Real Property Taxation

        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:

     1    Section 1. Subdivision 1 of section 1803-a of the  real  property  tax
     2  law is amended by adding a new paragraph (oo) to read as follows:
     3    (OO)  NOTWITHSTANDING THE PROVISIONS OF PARAGRAPH (C) OF THIS SUBDIVI-
     4  SION TO THE CONTRARY, IN A SPECIAL ASSESSING UNIT WHICH IS  A  CITY  AND
     5  FOR  CURRENT BASE PROPORTIONS TO BE DETERMINED IN SUCH SPECIAL ASSESSING
     6  UNIT'S FISCAL YEAR TWO THOUSAND TWENTY-SEVEN, THE  PERCENT  INCREASE  OF
     7  THE  CURRENT BASE PROPORTION OF ANY CLASS OVER THE ADJUSTED BASE PROPOR-
     8  TION OR ADJUSTED PROPORTIONS, WHICHEVER IS  APPROPRIATE,  OF  THE  IMME-
     9  DIATELY PRECEDING YEAR SHALL BE DETERMINED BY THE LOCAL LEGISLATIVE BODY
    10  OF  SUCH  SPECIAL  ASSESSING  UNIT,  PROVIDED THAT SUCH PERCENT INCREASE
    11  SHALL BE NO MORE THAN FIVE PERCENT, AND PROVIDED FURTHER, THAT THE LOCAL
    12  LEGISLATIVE BODY SHALL MAKE SUCH DETERMINATION BY  DECEMBER  FIRST,  TWO
    13  THOUSAND TWENTY-SIX.
    14    §  2. In the event the special assessing unit which is a city has sent
    15  out real property tax bills for its fiscal year  2027  before  this  act
    16  shall  have become a law, the city shall take such actions as are neces-
    17  sary, consistent with applicable state and local law, to effectuate  the
    18  provisions  of  section  one of this act, including, but not limited to,
    19  revising the current base proportions  and  adjusted  base  proportions,
    20  resetting  the real property tax rates and sending amended real property
    21  tax bills. Provided, however, that nothing in this act shall  be  deemed
    22  to  affect the obligation of any taxpayer with respect to the payment of
    23  any installment of real property tax for such fiscal year which was  due
    24  and  payable  prior to the date such amended real property tax bills are
    25  sent; for this purpose, such obligations shall be determined in  accord-
    26  ance  with  the  applicable  provisions of law that were in effect imme-
    27  diately prior to the effective date of this act, and such city shall  be

         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15705-01-6
        A. 11234                            2

     1  authorized  to  determine the date on which amended bills are to be sent
     2  and the installments of real property tax  which  are  to  be  reflected
     3  therein.
     4    § 3. This act shall take effect immediately.