Assembly Bill A2432

2009-2010 Legislative Session

Provides that the city of New York is authorized to reduce property taxes on all classes of property within the city by eighteen and one-half percent

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Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2009-A2432 (ACTIVE) - Details

See Senate Version of this Bill:
S514
Current Committee:
Assembly Real Property Taxation
Law Section:
New York City
Versions Introduced in Other Legislative Sessions:
2011-2012: A5764
2013-2014: A4532
2015-2016: A6169, A10328
2017-2018: A5873

2009-A2432 (ACTIVE) - Summary

Provides that the city of New York is authorized to reduce property taxes on all classes of property within the city by eighteen and one-half percent.

2009-A2432 (ACTIVE) - Bill Text download pdf 

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

                                  2432

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            January 15, 2009
                               ___________

Introduced  by M. of A. TOBACCO -- read once and referred to the Commit-
  tee on Real Property Taxation

AN ACT authorizing the city of New York to reduce property taxes on  all
  classes of property within such city by eighteen and one-half percent

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Notwithstanding any other law, rule or  regulation  to  the
contrary,  the city council of the city of New York is hereby authorized
to reduce property taxes on all classes of property within the  city  of
New York by eighteen and one-half percent below that of the property tax
on the property for the prior tax year.
  S 2. This act shall take effect immediately.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02994-01-9

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