Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 14, 2018 |
held for consideration in ways and means |
Jan 03, 2018 |
referred to ways and means |
Feb 14, 2017 |
referred to ways and means |
Assembly Bill A5639
2017-2018 Legislative Session
Sponsored By
KOLB
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
Actions
co-Sponsors
Stephen Hawley
Marc Butler
Michael Montesano
Andrew Raia
multi-Sponsors
Clifford Crouch
2017-A5639 (ACTIVE) - Details
2017-A5639 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5639 2017-2018 Regular Sessions I N A S S E M B L Y February 14, 2017 ___________ Introduced by M. of A. KOLB, HAWLEY, BUTLER, MONTESANO, RAIA, GRAF, BLANKENBUSH, OAKS, DiPIETRO -- Multi-Sponsored by -- M. of A. CROUCH, McLAUGHLIN -- read once and referred to the Committee on Ways and Means AN ACT to amend the general municipal law and the education law, in relation to the real property tax cap; and to repeal certain provisions of such laws relating thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative intent. The legislature finds that when the property tax cap was first enacted in 2011 that tangible mandate relief is needed to be coupled with the cap in order to significantly reduce property taxes. Since enactment, no substantial mandate relief has been introduced and property taxes throughout the state continue to be high. The property tax cap has kept the growth in property taxes down but has done little in helping with providing the necessary relief to property owners. On the other hand, without mandate relief, local governments and school districts have been squeezed financially. They are now limited to a tax cap that is tied to the Consumer Price Index (CPI) that has in recent years been low. This has forced local governments and school districts to struggle with budget concerns and a potential tax cap over- ride. However, the current lack of taxpayer appetite for a tax cap override at the school district level has forced school districts to potentially cut services in order to pay for under and unfunded mandates. This bill would create a true two percent property tax cap by removing the property tax cap being tied to CPI and would allow for a simple majority vote to override the cap. The legislature recognizes that had real mandate relief been enacted when the cap was first enacted these changes would not have been needed. Further, these two changes would also make New York's property tax cap consistent with neighboring state's property tax caps. A true two percent cap would create predict- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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