S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    416
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                (PREFILED)
 
                              January 8, 2025
                                ___________
 
 Introduced  by M. of A. SHIMSKY -- read once and referred to the Commit-
   tee on Real Property Taxation
 
 AN ACT to amend the real property tax law,  in  relation  to  assessment
   relief for victims of a local or major disaster in an eligible munici-
   pality; to repeal section 467-n of the real property tax law, relating
   to assessment relief for disasters; and to amend a chapter of the laws
   of  2024  amending  the real property tax law relating to enacting the
   "climate change property tax relief act", as proposed  in  legislative
   bills  numbers S.  7515-A and A. 7748-B, in relation to the effective-
   ness thereof
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section 467-n of the real property tax law, as added by a
 chapter of the laws of 2024 amending the real property tax law  relating
 to enacting the "climate change property tax relief act", as proposed in
 legislative bills numbers S. 7515-A and A. 7748-B, is REPEALED and a new
 section 467-n is added to read as follows:
   §  467-N.  ASSESSMENT  RELIEF  FOR  DISASTERS. 1. DEFINITIONS. FOR THE
 PURPOSES OF THIS SECTION, THE FOLLOWING TERMS SHALL HAVE  THE  FOLLOWING
 MEANINGS:
   (A)  "ELIGIBLE  MUNICIPALITY" SHALL MEAN A COUNTY, A CITY OTHER THAN A
 CITY WITH A POPULATION OF ONE MILLION OR MORE,  A  TOWN,  A  VILLAGE,  A
 SCHOOL DISTRICT, OR A SPECIAL DISTRICT THAT HAS BEEN IMPACTED BY A MAJOR
 OR LOCAL DISASTER.
   (B)  "ELIGIBLE PROPERTY" SHALL MEAN RESIDENTIAL REAL PROPERTY CONSIST-
 ING OF THREE OR FEWER DWELLING UNITS THAT HAVE BEEN IMPACTED BY A  MAJOR
 OR  LOCAL DISASTER WHERE AT LEAST ONE OF SUCH UNITS HAD BEEN OWNER-OCCU-
 PIED IMMEDIATELY BEFORE SUCH DISASTER OCCURRED; PROVIDED, HOWEVER,  THAT
 PROPERTY  THAT  HAS BEEN TRANSFERRED TO A NEW OWNER AFTER THE OCCURRENCE
 OF THE MAJOR OR LOCAL DISASTER AND PRIOR TO RELIEF BEING GRANTED  PURSU-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD02894-01-5
 A. 416                              2
 
 ANT  TO  THIS  SECTION  SHALL  NOT  BE  CONSIDERED ELIGIBLE PROPERTY FOR
 PURPOSES OF THIS SECTION WHETHER OR NOT IT IS OWNER-OCCUPIED. WHERE  THE
 LOCAL  LAW, ORDINANCE OR RESOLUTION AUTHORIZING THE EXEMPTION EXPLICITLY
 SO  PROVIDES,  THE  TERM  "ELIGIBLE PROPERTY" SHALL ALSO INCLUDE A SMALL
 BUSINESS AS DEFINED IN SECTION ONE HUNDRED THIRTY-ONE  OF  THE  ECONOMIC
 DEVELOPMENT  LAW;  PROVIDED HOWEVER, THAT SUCH ELIGIBLE PROPERTY MUST BE
 OCCUPIED BY THE SMALL BUSINESS OWNER; AND PROVIDED FURTHER, THAT PARTIC-
 IPATING MUNICIPALITIES MAY PROVIDE, VIA LOCAL LAW, ORDINANCE  OR  RESOL-
 UTION,  ADDITIONAL  QUALIFICATIONS THAT A SMALL BUSINESS MUST SATISFY TO
 RECEIVE THE EXEMPTION PROVIDED FOR BY THIS SECTION.
   (C) "IMPACTED TAX ROLL" SHALL MEAN  THE  FINAL  ASSESSMENT  ROLL  THAT
 SATISFIES BOTH OF THE FOLLOWING CONDITIONS: (I) THE ROLL IS BASED UPON A
 TAXABLE  STATUS  DATE  OCCURRING PRIOR TO A MAJOR OR LOCAL DISASTER; AND
 (II) TAXES LEVIED UPON THAT ROLL BY OR  ON  BEHALF  OF  A  PARTICIPATING
 MUNICIPALITY  ARE  PAYABLE  WITHOUT INTEREST ON OR AFTER THE DATE OF THE
 DISASTER; PROVIDED HOWEVER, THAT THE INTEREST  DUE  FROM  AN  INDIVIDUAL
 PROPERTY  OWNER  IMPACTED  BY A MAJOR OR LOCAL DISASTER SHALL NOT IMPACT
 SUCH PROPERTY OWNER'S ELIGIBILITY FOR RELIEF PURSUANT TO  THIS  SECTION;
 AND  PROVIDED  FURTHER,  THAT THE EXEMPTION PROVIDED FOR BY THIS SECTION
 SHALL NOT AFFECT INTEREST OR PENALTIES DUE AS THE RESULT OF A DELINQUEN-
 CY.
   (D) "IMPROVED VALUE" SHALL MEAN THE MARKET VALUE OF THE REAL  PROPERTY
 IMPROVEMENTS  PRIOR  TO  THE  REDUCTION  IN  VALUE RESULTING FROM DAMAGE
 INCURRED TO SUCH IMPROVEMENTS DURING A MAJOR OR LOCAL DISASTER,  EXCLUD-
 ING THE LAND.
   (E)  "LOCAL DISASTER" SHALL MEAN THE OCCURRENCE OR IMMINENT, IMPENDING
 OR URGENT THREAT OF WIDESPREAD OR SEVERE DAMAGE, INJURY, OR LOSS OF LIFE
 OR PROPERTY RESULTING FROM ANY NATURAL OR  MAN-MADE  CAUSES,  INCLUDING,
 BUT  NOT  LIMITED  TO, FIRE, FLOOD, EARTHQUAKE, HURRICANE, TORNADO, HIGH
 WATER, LANDSLIDE, MUDSLIDE, WIND, STORM, WAVE ACTION, VOLCANIC ACTIVITY,
 EPIDEMIC, DISEASE OUTBREAK, AIR CONTAMINATION, TERRORISM,  CYBER  EVENT,
 BLIGHT, DROUGHT, INFESTATION, EXPLOSION, RADIOLOGICAL ACCIDENT, NUCLEAR,
 CHEMICAL,  BIOLOGICAL,  OR BACTERIOLOGICAL RELEASE, WATER CONTAMINATION,
 BRIDGE FAILURE OR BRIDGE COLLAPSE, OCCURRING IN AN AREA OR  REGION  THAT
 IS  PROCLAIMED  TO  BE IN A LOCAL STATE OF EMERGENCY PURSUANT TO SECTION
 TWENTY-FOUR OF  THE  EXECUTIVE  LAW;  PROVIDED  HOWEVER,  WHERE  DAMAGES
 OCCURRED BETWEEN JANUARY 1, 2020 AND SIX MONTHS AFTER THE EFFECTIVE DATE
 OF  THIS  SECTION,  A  LOCAL  DISASTER WILL BE PRESUMED TO HAVE OCCURRED
 PURSUANT TO THIS PARAGRAPH REGARDLESS OF WHETHER OR NOT A LOCAL STATE OF
 EMERGENCY WAS PROCLAIMED PURSUANT TO SECTION TWENTY-FOUR OF  THE  EXECU-
 TIVE LAW, IF:
   (I)  THE  OCCURRENCE  OTHERWISE CONFORMS WITH THE LOCAL DISASTER DEFI-
 NITION CONTAINED HEREIN; AND
   (II) THE LOCAL LAW, ORDINANCE OR RESOLUTION THAT IS ADOPTED  AUTHORIZ-
 ING  AN  EXEMPTION PURSUANT TO THIS SECTION SO DECLARES A LOCAL DISASTER
 TO HAVE OCCURRED DURING SUCH PERIOD FOR PURPOSES OF THIS SECTION.
   (F) "MAJOR DISASTER" SHALL MEAN THE OCCURRENCE OR IMMINENT,  IMPENDING
 OR URGENT THREAT OF WIDESPREAD OR SEVERE DAMAGE, INJURY, OR LOSS OF LIFE
 OR  PROPERTY  RESULTING  FROM ANY NATURAL OR MAN-MADE CAUSES, INCLUDING,
 BUT NOT LIMITED TO, FIRE, FLOOD, EARTHQUAKE,  HURRICANE,  TORNADO,  HIGH
 WATER, LANDSLIDE, MUDSLIDE, WIND, STORM, WAVE ACTION, VOLCANIC ACTIVITY,
 EPIDEMIC,  DISEASE  OUTBREAK, AIR CONTAMINATION, TERRORISM, CYBER EVENT,
 BLIGHT, DROUGHT, INFESTATION, EXPLOSION, RADIOLOGICAL ACCIDENT, NUCLEAR,
 CHEMICAL, BIOLOGICAL, OR BACTERIOLOGICAL RELEASE,  WATER  CONTAMINATION,
 BRIDGE  FAILURE  OR BRIDGE COLLAPSE, OCCURRING IN AN AREA OR REGION THAT
 IS SUBSEQUENTLY PROCLAIMED TO BE IMPACTED BY A STATE DISASTER  EMERGENCY
 A. 416                              3
 
 DECLARED  BY THE GOVERNOR PURSUANT TO SECTION TWENTY-EIGHT OF THE EXECU-
 TIVE LAW, OR BY A MAJOR DISASTER OR AN EMERGENCY DECLARED BY THE  PRESI-
 DENT  OF  THE  UNITED  STATES  PURSUANT  TO CHAPTER SIXTY-EIGHT OF TITLE
 FORTY-TWO OF THE UNITED STATES CODE.
   (G)  "MAXIMUM  BENEFIT  CEILING" SHALL MEAN THE MAXIMUM EXEMPTION FROM
 REAL PROPERTY TAXES EXPRESSED IN A DOLLAR AMOUNT THAT AN ELIGIBLE  PROP-
 ERTY MAY RECEIVE ON EACH TAX ROLL PURSUANT TO THIS SECTION, AS SPECIFIED
 IN THE LOCAL LAW, ORDINANCE OR RESOLUTION AUTHORIZING THE EXEMPTION.
   (H)  "MINIMUM  DAMAGE  FLOOR"  SHALL MEAN THE MINIMUM LOSS OF ASSESSED
 VALUE TO AN ELIGIBLE PROPERTY, EXPRESSED AS A PERCENTAGE  OF  THE  TOTAL
 ASSESSED  VALUE LOST THAT MUST BE DEMONSTRATED IN ORDER FOR THE PROPERTY
 TO BE ELIGIBLE FOR AN EXEMPTION PURSUANT TO THIS SECTION,  AS  SPECIFIED
 IN  THE  LOCAL LAW, ORDINANCE OR RESOLUTION AUTHORIZING THE EXEMPTION. A
 PARTICIPATING MUNICIPALITY SHALL NOT  SPECIFY  A  MINIMUM  DAMAGE  FLOOR
 ABOVE FIFTY PERCENT. WHERE A PARTICIPATING MUNICIPALITY DOES NOT SPECIFY
 A MINIMUM DAMAGE FLOOR, THE MINIMUM DAMAGE FLOOR SHALL BE FIFTY PERCENT.
   (I)  "PARTICIPATING  MUNICIPALITY" SHALL MEAN AN ELIGIBLE MUNICIPALITY
 THAT HAS PASSED A LOCAL LAW, ORDINANCE, OR RESOLUTION TO PROVIDE ASSESS-
 MENT RELIEF TO OWNERS OF ELIGIBLE PROPERTIES WITHIN SUCH ELIGIBLE  MUNI-
 CIPALITY PURSUANT TO THE PROVISIONS OF THIS SECTION.
   (J)  "PARTICIPATING  PROPERTY"  SHALL  MEAN  AN ELIGIBLE PROPERTY IN A
 PARTICIPATING MUNICIPALITY THAT IS GRANTED ASSESSMENT RELIEF PURSUANT TO
 THIS SECTION.
   (K) "TOTAL ASSESSED VALUE" SHALL MEAN THE TOTAL ASSESSED VALUE OF  THE
 PARCEL PRIOR TO ANY AND ALL EXEMPTION ADJUSTMENTS.
   2.  LOCAL  OPTION.  (A)  AFTER A MAJOR OR LOCAL DISASTER AS DEFINED BY
 THIS SECTION, THE GOVERNING BODY OF AN ELIGIBLE MUNICIPALITY MAY AUTHOR-
 IZE ASSESSMENT RELIEF FOR ELIGIBLE PROPERTIES AFTER CONDUCTING A  PUBLIC
 HEARING,  BY ADOPTING A LOCAL LAW, ORDINANCE OR, IN THE CASE OF A SCHOOL
 DISTRICT, A RESOLUTION ADOPTING THE PROVISIONS OF THIS SECTION.
   (B) SUCH LOCAL LAW, ORDINANCE OR RESOLUTION SHALL IDENTIFY  THE  MAJOR
 OR  LOCAL  DISASTER  OR DISASTERS TO WHICH IT PERTAINS, PROVIDED THAT NO
 SUCH LOCAL LAW, ORDINANCE OR RESOLUTION SHALL APPLY TO A MAJOR OR  LOCAL
 DISASTER THAT OCCURRED PRIOR TO JANUARY FIRST, TWO THOUSAND TWENTY. SUCH
 LOCAL  LAW,  ORDINANCE  OR  RESOLUTION SHALL INCLUDE A DEADLINE BY WHICH
 APPLICATIONS FOR RELIEF PURSUANT TO THIS SECTION MUST  BE  SUBMITTED  IN
 ORDER  TO  BE CONSIDERED. IF NO DEADLINE IS SPECIFIED, SUCH APPLICATIONS
 MAY BE SUBMITTED UNTIL THE LOCAL LAW, ORDINANCE OR RESOLUTION  AUTHORIZ-
 ING THE EXEMPTION IS EITHER REPEALED OR AMENDED TO SPECIFY A DEADLINE.
   (C) SUCH LOCAL LAW, ORDINANCE OR RESOLUTION MAY ALSO SPECIFY A MINIMUM
 DAMAGE FLOOR AND A MAXIMUM BENEFIT CEILING.
   (D)  SUCH  LOCAL  LAW,  ORDINANCE OR RESOLUTION SHALL ALSO SPECIFY HOW
 MANY PROSPECTIVE TAX YEARS, IF ANY, BEYOND THE IMPACTED  TAX  ROLL  THAT
 THE  EXEMPTION SHALL APPLY FOR; PROVIDED HOWEVER, THAT THE EXEMPTION MAY
 BE PROVIDED FOR A MAXIMUM OF FOUR PROSPECTIVE TAX  YEARS  FOLLOWING  THE
 IMPACTED  TAX ROLL; AND PROVIDED FURTHER, THAT SUCH LOCAL LAW, ORDINANCE
 OR RESOLUTION MAY PROVIDE FOR A DISTINCT NUMBER OF YEARS  THE  EXEMPTION
 SHALL BE PROVIDED APPLICABLE TO EACH DAMAGE BRACKET.
   (E)  SUCH  LOCAL  LAW,  ORDINANCE  OR RESOLUTION SHALL ALSO PROVIDE AN
 ADDRESS TO WHICH ASSESSORS SHALL MAIL WRITTEN NOTICE PURSUANT  TO  PARA-
 GRAPH (D) OF SUBDIVISION THREE OF THIS SECTION.
   3. ASSESSMENT RELIEF FOR DISASTER VICTIMS IN AN ELIGIBLE MUNICIPALITY.
 (A)  NOTWITHSTANDING  ANY  PROVISION  OF LAW TO THE CONTRARY, WHERE REAL
 PROPERTY IS IMPACTED BY A MAJOR OR LOCAL DISASTER, AND SUCH PROPERTY  IS
 LOCATED  WITHIN A PARTICIPATING MUNICIPALITY, ASSESSMENT RELIEF SHALL BE
 GRANTED AS FOLLOWS:
 A. 416                              4
 
   (I) IF A PARTICIPATING MUNICIPALITY HAS ELECTED TO PROVIDE  ASSESSMENT
 RELIEF  FOR  REAL  PROPERTY THAT LOST AT LEAST TEN PERCENT BUT LESS THAN
 TWENTY PERCENT OF ITS IMPROVED VALUE DUE TO  A  DISASTER,  THE  ASSESSED
 VALUE  ATTRIBUTABLE  TO  THE  IMPROVEMENTS  SHALL  BE REDUCED BY FIFTEEN
 PERCENT OF THE PROPERTY'S IMPROVED VALUE FOR PURPOSES OF THE PARTICIPAT-
 ING  MUNICIPALITY  ON THE IMPACTED TAX ROLL, AND FOR UP TO FOUR PROSPEC-
 TIVE TAX YEARS, AS PROVIDED FOR BY LOCAL LAW, ORDINANCE OR RESOLUTION.
   (II) IF A PARTICIPATING MUNICIPALITY HAS ELECTED TO PROVIDE ASSESSMENT
 RELIEF FOR REAL PROPERTY THAT LOST AT LEAST TWENTY PERCENT BUT LESS THAN
 THIRTY PERCENT OF ITS IMPROVED VALUE DUE TO  A  DISASTER,  THE  ASSESSED
 VALUE  ATTRIBUTABLE  TO THE IMPROVEMENTS SHALL BE REDUCED BY TWENTY-FIVE
 PERCENT OF THE PROPERTY'S IMPROVED VALUE FOR PURPOSES OF THE PARTICIPAT-
 ING MUNICIPALITY ON THE IMPACTED TAX ROLL, AND FOR UP TO  FOUR  PROSPEC-
 TIVE TAX YEARS, AS PROVIDED FOR BY LOCAL LAW, ORDINANCE OR RESOLUTION.
   (III)  IF  A PARTICIPATING MUNICIPALITY HAS ELECTED TO PROVIDE ASSESS-
 MENT RELIEF FOR REAL PROPERTY THAT LOST AT LEAST THIRTY PERCENT BUT LESS
 THAN FORTY PERCENT OF ITS IMPROVED VALUE DUE TO A DISASTER, THE ASSESSED
 VALUE ATTRIBUTABLE TO THE IMPROVEMENTS SHALL BE REDUCED  BY  THIRTY-FIVE
 PERCENT OF THE PROPERTY'S IMPROVED VALUE FOR PURPOSES OF THE PARTICIPAT-
 ING  MUNICIPALITY  ON THE IMPACTED TAX ROLL, AND FOR UP TO FOUR PROSPEC-
 TIVE TAX YEARS, AS PROVIDED FOR BY LOCAL LAW, ORDINANCE OR RESOLUTION.
   (IV) IF A PARTICIPATING MUNICIPALITY HAS ELECTED TO PROVIDE ASSESSMENT
 RELIEF FOR REAL PROPERTY THAT LOST AT LEAST FORTY PERCENT BUT LESS  THAN
 FIFTY  PERCENT  OF  ITS  IMPROVED  VALUE DUE TO A DISASTER, THE ASSESSED
 VALUE ATTRIBUTABLE TO THE IMPROVEMENTS SHALL BE  REDUCED  BY  FORTY-FIVE
 PERCENT OF THE PROPERTY'S IMPROVED VALUE FOR PURPOSES OF THE PARTICIPAT-
 ING  MUNICIPALITY  ON THE IMPACTED TAX ROLL, AND FOR UP TO FOUR PROSPEC-
 TIVE TAX YEARS, AS PROVIDED FOR BY LOCAL LAW, ORDINANCE OR RESOLUTION.
   (V) IF THE PROPERTY LOST AT LEAST FIFTY BUT LESS THAN SIXTY PERCENT OF
 ITS IMPROVED VALUE DUE TO A DISASTER, THE ASSESSED VALUE ATTRIBUTABLE TO
 THE IMPROVEMENTS SHALL BE REDUCED BY FIFTY-FIVE PERCENT OF  THE  PROPER-
 TY'S  IMPROVED  VALUE  FOR PURPOSES OF THE PARTICIPATING MUNICIPALITY ON
 THE IMPACTED TAX ROLL, AND FOR UP TO  FOUR  PROSPECTIVE  TAX  YEARS,  AS
 PROVIDED FOR BY LOCAL LAW, ORDINANCE OR RESOLUTION.
   (VI) IF THE PROPERTY LOST AT LEAST SIXTY BUT LESS THAN SEVENTY PERCENT
 OF ITS IMPROVED VALUE DUE TO A DISASTER, THE ASSESSED VALUE ATTRIBUTABLE
 TO  THE IMPROVEMENTS SHALL BE REDUCED BY SIXTY-FIVE PERCENT OF THE PROP-
 ERTY'S IMPROVED VALUE FOR PURPOSES OF THE PARTICIPATING MUNICIPALITY  ON
 THE  IMPACTED  TAX  ROLL,  AND  FOR UP TO FOUR PROSPECTIVE TAX YEARS, AS
 PROVIDED FOR BY LOCAL LAW, ORDINANCE OR RESOLUTION.
   (VII) IF THE PROPERTY LOST AT  LEAST  SEVENTY  BUT  LESS  THAN  EIGHTY
 PERCENT  OF  ITS  IMPROVED  VALUE  DUE TO A DISASTER, THE ASSESSED VALUE
 ATTRIBUTABLE TO  THE  IMPROVEMENTS  SHALL  BE  REDUCED  BY  SEVENTY-FIVE
 PERCENT OF THE PROPERTY'S IMPROVED VALUE FOR PURPOSES OF THE PARTICIPAT-
 ING  MUNICIPALITY  ON THE IMPACTED TAX ROLL, AND FOR UP TO FOUR PROSPEC-
 TIVE TAX YEARS, AS PROVIDED FOR BY LOCAL LAW, ORDINANCE OR RESOLUTION.
   (VIII) IF THE PROPERTY LOST AT  LEAST  EIGHTY  BUT  LESS  THAN  NINETY
 PERCENT  OF  ITS  IMPROVED  VALUE  DUE TO A DISASTER, THE ASSESSED VALUE
 ATTRIBUTABLE TO THE IMPROVEMENTS SHALL BE REDUCED BY EIGHTY-FIVE PERCENT
 OF THE PROPERTY'S IMPROVED VALUE FOR PURPOSES OF THE PARTICIPATING MUNI-
 CIPALITY ON THE IMPACTED TAX ROLL, AND FOR UP TO  FOUR  PROSPECTIVE  TAX
 YEARS, AS PROVIDED FOR BY LOCAL LAW, ORDINANCE OR RESOLUTION.
   (IX)  IF  THE  PROPERTY LOST AT LEAST NINETY BUT LESS THAN ONE HUNDRED
 PERCENT OF ITS IMPROVED VALUE DUE TO  A  DISASTER,  THE  ASSESSED  VALUE
 ATTRIBUTABLE TO THE IMPROVEMENTS SHALL BE REDUCED BY NINETY-FIVE PERCENT
 OF THE PROPERTY'S IMPROVED VALUE FOR PURPOSES OF THE PARTICIPATING MUNI-
 A. 416                              5
 
 CIPALITY  ON  THE  IMPACTED TAX ROLL, AND FOR UP TO FOUR PROSPECTIVE TAX
 YEARS, AS PROVIDED FOR BY LOCAL LAW, ORDINANCE OR RESOLUTION.
   (X) IF THE PROPERTY LOST ONE HUNDRED PERCENT OF ITS IMPROVED VALUE DUE
 TO A DISASTER, THE ASSESSED VALUE ATTRIBUTABLE TO THE IMPROVEMENTS SHALL
 BE  REDUCED  BY ONE HUNDRED PERCENT OF THE PROPERTY'S IMPROVED VALUE FOR
 PURPOSES OF THE PARTICIPATING MUNICIPALITY ON THE IMPACTED TAX ROLL, AND
 FOR UP TO FOUR PROSPECTIVE TAX YEARS, AS  PROVIDED  FOR  BY  LOCAL  LAW,
 ORDINANCE OR RESOLUTION.
   (XI)  IF  AN  ELIGIBLE  PROPERTY  IS DECLARED UNINHABITABLE BY A LOCAL
 BUILDING INSPECTOR OR CONDEMNED BY THE PARTICIPATING MUNICIPALITY  AS  A
 RESULT  OF  A  LOCAL  OR  MAJOR DISASTER, OR THE PROCESS FOR MAKING SUCH
 DECLARATION OR CONDEMNATION IS  INITIATED  IN  A  PARTICIPATING  MUNICI-
 PALITY, IN EITHER CASE, DUE TO HEALTH AND SAFETY CONCERNS RESULTING FROM
 SUCH  DISASTER, IRRESPECTIVE OF THE MINIMUM DAMAGE FLOOR PROVIDED FOR IN
 THE LOCAL LAW, ORDINANCE OR RESOLUTION OPTING  INTO  THIS  SECTION,  THE
 PARTICIPATING  PROPERTY  SHALL  RECEIVE A ONE HUNDRED PERCENT EXEMPTION,
 SUBJECT TO THE MAXIMUM BENEFIT CEILING, ON THE IMPACTED  TAX  ROLL,  AND
 FOR  UP  TO  FOUR  PROSPECTIVE  TAX YEARS, AS PROVIDED FOR BY LOCAL LAW,
 ORDINANCE OR RESOLUTION; PROVIDED HOWEVER,  THAT  SUCH  EXEMPTION  SHALL
 APPLY ONLY FOR THE PERIOD DURING WHICH SUCH PROPERTY IS UNINHABITABLE OR
 CONDEMNED; AND PROVIDED FURTHER, THAT THIS SUBPARAGRAPH SHALL APPLY ONLY
 IF  A LOCAL LAW, ORDINANCE OR RESOLUTION PROVIDES THAT THIS SUBPARAGRAPH
 SHALL APPLY.
   (XII) THE PERCENTAGE LOSS IN IMPROVED VALUE FOR THIS PURPOSE SHALL  BE
 DETERMINED  BY  THE  ASSESSOR  IN  THE  MANNER PROVIDED BY THIS SECTION,
 SUBJECT TO REVIEW BY THE BOARD OF ASSESSMENT REVIEW.
   (XIII) WHERE THE ASSESSED VALUE OF A PROPERTY IS REDUCED  PURSUANT  TO
 THIS  SECTION,  THE DIFFERENCE BETWEEN THE PROPERTY'S ASSESSED VALUE AND
 ITS REDUCED ASSESSED VALUE SHALL BE EXEMPT FROM TAXATION.  NO  REDUCTION
 IN  ASSESSED  VALUE  SHALL BE GRANTED PURSUANT TO THIS SECTION EXCEPT AS
 SPECIFIED ABOVE. NO REDUCTION IN ASSESSED VALUE SHALL BE GRANTED  PURSU-
 ANT  TO  THIS  SECTION  FOR PURPOSES OF ANY COUNTY, CITY, TOWN, VILLAGE,
 SCHOOL DISTRICT, OR SPECIAL DISTRICT THAT HAS NOT ADOPTED THE PROVISIONS
 OF THIS SECTION; PROVIDED HOWEVER, THAT IN THE CASE OF  A  TOWN  SPECIAL
 DISTRICT  OR  COUNTY  SPECIAL  DISTRICT, THE TOWN OR COUNTY WITHIN WHICH
 SUCH DISTRICT IS ESTABLISHED SHALL BE AUTHORIZED TO PASS  A  LOCAL  LAW,
 ORDINANCE OR RESOLUTION PROVIDING AN EXEMPTION FOR THE AD VALOREM LEVIES
 ESTABLISHED  BY SUCH DISTRICT; AND PROVIDED FURTHER, THAT FOR A NON-TOWN
 OR A NON-COUNTY SPECIAL DISTRICT, SUCH SPECIAL DISTRICT SHALL RETAIN THE
 AUTHORITY TO OPT INTO THIS SECTION.
   (B) TO RECEIVE SUCH RELIEF PURSUANT TO THIS SECTION, A PROPERTY  OWNER
 IN  A  PARTICIPATING  MUNICIPALITY SHALL SUBMIT A WRITTEN REQUEST TO THE
 ASSESSOR ON A FORM PRESCRIBED BY THE COMMISSIONER ON OR BEFORE THE DEAD-
 LINE FOR APPLYING FOR THE EXEMPTION, AS SET  FORTH  IN  THE  LOCAL  LAW,
 ORDINANCE  OR  RESOLUTION  AUTHORIZING THE EXEMPTION. SUCH REQUEST SHALL
 ATTACH ANY AND ALL DETERMINATIONS BY THE  FEDERAL  EMERGENCY  MANAGEMENT
 AGENCY, AND ANY AND ALL REPORTS BY AN INSURANCE ADJUSTER, SHALL DESCRIBE
 IN  REASONABLE  DETAIL THE DAMAGE CAUSED TO THE PROPERTY BY THE DISASTER
 AND THE CONDITION OF THE PROPERTY FOLLOWING THE DISASTER, AND  SHALL  BE
 ACCOMPANIED  BY  SUPPORTING  DOCUMENTATION, IF AVAILABLE. IN ADDITION TO
 ANY AND ALL DETERMINATIONS BY THE FEDERAL EMERGENCY  MANAGEMENT  AGENCY,
 AND  ANY  AND  ALL  REPORTS  BY  AN  INSURANCE ADJUSTER, A HOMEOWNER MAY
 PROVIDE EVIDENCE OF DAMAGE TO THE LOCAL ASSESSOR AS PART OF THE APPLICA-
 TION, BY SUBMISSION OF ANY OF THE FOLLOWING,  PROVIDED  THAT  THE  LOCAL
 ASSESSOR  MAY  TAKE  THE NECESSARY STEPS TO CONFIRM THE VALIDITY OF SUCH
 DOCUMENTATION; AND PROVIDED FURTHER, THAT SUCH LOCAL LAW, ORDINANCE,  OR
 A. 416                              6
 
 RESOLUTION  PASSED  PURSUANT TO THIS SECTION MAY SPECIFY THAT ANY OR ALL
 DOCUMENT CATEGORIES SHALL BE NOTARIZED:
   (I) ASSESSMENT OR REASSESSMENT BY THE ELIGIBLE COUNTY OR MUNICIPALITY;
   (II) PRIVATE APPRAISAL;
   (III) DOCUMENTATION PROVIDED BY SUCH HOMEOWNER'S INSURANCE COMPANY;
   (IV)  DOCUMENTATION  PROVIDED BY A PUBLIC ADJUSTER AS DEFINED IN PARA-
 GRAPH TWO OF SUBSECTION (G) OF SECTION TWENTY-ONE  HUNDRED  ONE  OF  THE
 INSURANCE  LAW, IF A HOMEOWNER DOES NOT MAINTAIN A HOMEOWNER'S INSURANCE
 POLICY;
   (V) LOSS VERIFICATION REPORTS AND OTHER RECORDS PRODUCED BY THE  SMALL
 BUSINESS ADMINISTRATION OFFICE OF DISASTER ASSISTANCE;
   (VI) PHOTOGRAPHIC AND VISUAL DOCUMENTATION;
   (VII) AFFIDAVITS AND OTHER SWORN STATEMENTS; AND
   (VIII) OTHER GOVERNMENT RECORDS AND REPORTS.
   (C)  UPON RECEIVING SUCH A REQUEST, THE ASSESSOR SHALL MAKE A FINDING,
 AFTER CONSIDERING THE TOTALITY OF THE EVIDENCE AND DOCUMENTATION SUBMIT-
 TED BY A HOMEOWNER, AS TO WHETHER  THE  PROPERTY  LOST  AT  LEAST  FIFTY
 PERCENT  OF  ITS  IMPROVED VALUE OR, IF A PARTICIPATING MUNICIPALITY HAS
 ELECTED TO PROVIDE ASSESSMENT RELIEF FOR REAL PROPERTY THAT LOST A LESS-
 ER PERCENTAGE OF IMPROVED VALUE SUCH LESSER PERCENTAGE OF  ITS  IMPROVED
 VALUE, AS A RESULT OF A DISASTER. THE ASSESSOR SHALL THEREAFTER ADOPT OR
 CLASSIFY THE PERCENTAGE LOSS OF IMPROVED VALUE WITHIN ONE OF THE FOLLOW-
 ING RANGES:
   (I)  AT  LEAST TEN PERCENT BUT LESS THAN TWENTY PERCENT, PROVIDED THAT
 THIS RANGE SHALL ONLY BE APPLICABLE IF A PARTICIPATING MUNICIPALITY  HAS
 ELECTED TO PROVIDE ASSESSMENT RELIEF FOR LOSSES WITHIN THIS RANGE;
   (II)  AT  LEAST  TWENTY PERCENT BUT LESS THAN THIRTY PERCENT, PROVIDED
 THAT THIS RANGE SHALL ONLY BE APPLICABLE IF A PARTICIPATING MUNICIPALITY
 HAS ELECTED TO PROVIDE ASSESSMENT RELIEF FOR LOSSES WITHIN THIS RANGE;
   (III) AT LEAST THIRTY PERCENT BUT LESS THAN  FORTY  PERCENT,  PROVIDED
 THAT THIS RANGE SHALL ONLY BE APPLICABLE IF A PARTICIPATING MUNICIPALITY
 HAS ELECTED TO PROVIDE ASSESSMENT RELIEF FOR LOSSES WITHIN THIS RANGE;
   (IV) AT LEAST FORTY PERCENT BUT LESS THAN FIFTY PERCENT, PROVIDED THAT
 THIS  RANGE SHALL ONLY BE APPLICABLE IF A PARTICIPATING MUNICIPALITY HAS
 ELECTED TO PROVIDE ASSESSMENT RELIEF FOR LOSSES WITHIN THIS RANGE;
   (V) AT LEAST FIFTY PERCENT BUT LESS THAN SIXTY PERCENT;
   (VI) AT LEAST SIXTY PERCENT BUT LESS THAN SEVENTY PERCENT;
   (VII) AT LEAST SEVENTY PERCENT BUT LESS THAN EIGHTY PERCENT;
   (VIII) AT LEAST EIGHTY PERCENT BUT LESS THAN NINETY PERCENT;
   (IX) AT LEAST NINETY PERCENT BUT LESS THAN ONE HUNDRED PERCENT; OR
   (X) ONE HUNDRED PERCENT.
   (D) ON OR BEFORE THE THIRTIETH DAY AFTER THE DEADLINE  FOR  FILING  OF
 APPLICATIONS  FOR EXEMPTION PURSUANT TO THIS SECTION, THE ASSESSOR SHALL
 MAIL WRITTEN NOTICE OF SUCH FINDINGS  TO  THE  PROPERTY  OWNER  AND  THE
 ADDRESS  FOR RECEIPT OF FINDINGS PURSUANT TO THE LOCAL LAW, ORDINANCE OR
 RESOLUTION PASSED BY A  PARTICIPATING  MUNICIPALITY.  THE  NOTICE  SHALL
 INDICATE THAT IF THE PROPERTY OWNER IS DISSATISFIED WITH THESE FINDINGS,
 SUCH  PROPERTY  OWNER  MAY FILE A COMPLAINT WITH THE BOARD OF ASSESSMENT
 REVIEW UP UNTIL THE DATE SPECIFIED IN SUCH NOTICE, WHICH DATE  SHALL  BE
 THE  THIRTIETH  DAY AFTER THE LAST DATE FOR THE MAILING OF SUCH NOTICES.
 IF ANY COMPLAINTS ARE SO FILED, SUCH BOARD SHALL RECONVENE UPON TEN DAYS
 WRITTEN NOTICE TO THE PROPERTY OWNER AND ASSESSOR TO HEAR AND  DETERMINE
 THE COMPLAINT, AND SHALL MAIL WRITTEN NOTICE OF ITS DETERMINATION TO THE
 ASSESSOR  AND  PROPERTY  OWNER  WITHIN FIFTEEN DAYS OF SUCH HEARING. THE
 PROVISIONS OF ARTICLE FIVE OF THIS CHAPTER SHALL GOVERN THE REVIEW PROC-
 ESS TO THE EXTENT PRACTICABLE. FOR THE PURPOSES OF  THIS  SECTION  ONLY,
 A. 416                              7
 
 THE  APPLICANT  MAY COMMENCE, WITHIN THIRTY DAYS OF MAILING OF A WRITTEN
 DETERMINATION, A PROCEEDING UNDER TITLE ONE OF  ARTICLE  SEVEN  OF  THIS
 CHAPTER  OR,  IF  APPLICABLE, UNDER TITLE ONE-A OF ARTICLE SEVEN OF THIS
 CHAPTER.  SECTIONS  SEVEN HUNDRED TWENTY-SEVEN AND SEVEN HUNDRED THIRTY-
 NINE OF THIS CHAPTER SHALL NOT APPLY.
   (E) WHERE PROPERTY HAS LOST AT LEAST FIFTY  PERCENT  OF  ITS  IMPROVED
 VALUE OR, IF A PARTICIPATING MUNICIPALITY HAS ELECTED TO PROVIDE ASSESS-
 MENT  RELIEF FOR REAL PROPERTY THAT LOST A LESSER PERCENTAGE OF IMPROVED
 VALUE SUCH LESSER PERCENTAGE, DUE TO  A  DISASTER,  THE  ASSESSED  VALUE
 ATTRIBUTABLE TO THE IMPROVEMENTS ON THE PROPERTY ON THE IMPACTED ASSESS-
 MENT  ROLL  SHALL  BE REDUCED BY THE APPROPRIATE PERCENTAGE SPECIFIED IN
 PARAGRAPH (A) OF THIS SUBDIVISION, PROVIDED THAT ANY EXEMPTIONS THAT THE
 PROPERTY MAY BE RECEIVING SHALL BE ADJUSTED AS NECESSARY TO ACCOUNT  FOR
 SUCH  REDUCTION  IN  THE  TOTAL  ASSESSED VALUE. TO THE EXTENT THE TOTAL
 ASSESSED VALUE OF THE PROPERTY ORIGINALLY APPEARING ON SUCH ROLL EXCEEDS
 THE AMOUNT TO WHICH IT SHOULD BE REDUCED PURSUANT TO THIS  SECTION,  THE
 EXCESS  SHALL  BE  CONSIDERED  AN  ERROR IN ESSENTIAL FACT AS DEFINED BY
 SUBDIVISION THREE OF SECTION FIVE HUNDRED FIFTY  OF  THIS  CHAPTER.  THE
 ASSESSOR  SHALL  THEREUPON  BE  AUTHORIZED  AND  DIRECTED TO CORRECT THE
 ASSESSMENT ROLL ACCORDINGLY OR, IF ANOTHER PERSON HAS CUSTODY OR CONTROL
 OF THE ASSESSMENT ROLL, TO DIRECT SUCH PERSON TO  MAKE  THE  APPROPRIATE
 CORRECTIONS. IF THE CORRECTION IS MADE AFTER TAXES ARE LEVIED BUT BEFORE
 SUCH  TAXES  ARE  PAID,  THE  COLLECTING OFFICER SHALL BE AUTHORIZED AND
 DIRECTED TO  CORRECT  THE  APPLICANT'S  TAX  BILL  ACCORDINGLY.  IF  THE
 CORRECTION IS MADE AFTER TAXES ARE PAID, THE AUTHORITIES OF EACH PARTIC-
 IPATING  MUNICIPAL CORPORATION SHALL BE AUTHORIZED AND DIRECTED TO ISSUE
 A REFUND IN THE AMOUNT OF THE EXCESS TAXES  PAID  WITH  REGARD  TO  SUCH
 PARTICIPATING MUNICIPAL CORPORATION.
   (F)  THE RIGHTS CONTAINED IN THIS SECTION SHALL NOT OTHERWISE DIMINISH
 ANY OTHER LEGALLY AVAILABLE RIGHT OF ANY PROPERTY OWNER OR PARTY WHO MAY
 OTHERWISE LAWFULLY CHALLENGE THE VALUATION OR  ASSESSMENT  OF  ANY  REAL
 PROPERTY OR IMPROVEMENTS THEREON. ALL REMAINING RIGHTS HEREBY REMAIN AND
 SHALL  BE  AVAILABLE TO THE PARTY TO WHOM SUCH RIGHTS WOULD OTHERWISE BE
 AVAILABLE NOTWITHSTANDING THIS SECTION.
   (G) NO EXEMPTION MAY BE GRANTED TO AN ELIGIBLE  PROPERTY  PURSUANT  TO
 THIS  SECTION  IF THE OWNER OF SUCH ELIGIBLE PROPERTY HAS CONTRIBUTED TO
 SUCH DAMAGE THROUGH AN INTENTIONAL ACT.
   4. SCHOOL DISTRICTS HELD HARMLESS. EACH SCHOOL DISTRICT THAT IS WHOLLY
 OR PARTIALLY CONTAINED WITHIN AN ELIGIBLE COUNTY SHALL BE HELD  HARMLESS
 BY THE STATE FOR ANY REDUCTION IN STATE AID THAT WOULD HAVE BEEN PAID AS
 TAX  SAVINGS  PURSUANT TO SECTION THIRTEEN HUNDRED SIX-A OF THIS CHAPTER
 INCURRED DUE TO THE PROVISIONS OF THIS SECTION.
   § 2. Section 4 of a chapter of the laws  of  2024  amending  the  real
 property  tax  law relating to enacting the "climate change property tax
 relief act", as proposed in legislative bills numbers S. 7515-A  and  A.
 7748-B, is amended to read as follows:
   §  4.  This  act  shall take effect immediately and shall be deemed to
 have   been in full force and effect  on  and  after  January  1,  2020;
 provided  however, that [abatements] ASSESSMENT RELIEF provided pursuant
 to this act shall be limited to damages    caused  by  major  disasters,
 local disasters, or both, [which occurred] OCCURRING on and  after Janu-
 ary 1, 2020.
   § 3. Severability clause. If any clause, sentence, paragraph, subdivi-
 sion,  section  or  part  of  this act shall be adjudged by any court of
 competent jurisdiction to be invalid, such judgment  shall  not  affect,
 impair,  or  invalidate  the remainder thereof, but shall be confined in
 A. 416                              8
 
 its operation to the clause, sentence, paragraph,  subdivision,  section
 or part thereof directly involved in the controversy in which such judg-
 ment shall have been rendered. It is hereby declared to be the intent of
 the  legislature  that  this  act  would  have been enacted even if such
 invalid provisions had not been included herein.
   § 4. This act shall take effect immediately; provided,  however,  that
 section  one  of  this act shall take effect on the same date and in the
 same manner as a chapter of the laws of 2024 amending the real  property
 tax  law  relating  to  enacting the "climate change property tax relief
 act", as proposed in legislative bills numbers S. 7515-A and A.  7748-B,
 takes effect.