S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10285
 
                           I N  A S S E M B L Y
 
                               May 16, 2024
                                ___________
 
 Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Zebrowski,
   McGowan) -- read once and referred to the Committee on  Real  Property
   Taxation
 
 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 309 of
 the laws of 2023, 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, [and]  two  thousand
 twenty-three--two  thousand  twenty-four, AND TWO THOUSAND TWENTY-FOUR--
 TWO THOUSAND TWENTY-FIVE assessment rolls, the current  base  proportion
 of  any  class shall not exceed the adjusted base proportion or adjusted
 proportion, whichever is appropriate, of the immediately preceding year,
 by more than one percent, provided that such approved assessing unit has
 passed a local law, ordinance 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.
                                                            LBD15624-01-4