Bill

Bill > A06081


NY A06081

NY A06081
Provides that the tax levy limit shall be equal to a zero percent increase over the prior year tax levy when the difference between the total amount of taxes levied for the prior year less the tax levy limit results in a negative number.


summary

Introduced
03/10/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Provides that the tax levy limit shall be equal to a zero percent increase over the prior year tax levy when the difference between the total amount of taxes levied for the prior year less the tax levy limit results in a negative number.

AI Summary

This bill provides that the tax levy limit shall be equal to a zero percent increase over the prior year tax levy when the difference between the total amount of taxes levied for the prior year less the tax levy limit results in a negative number. This change to the existing law aims to address scenarios where the tax levy limit would otherwise result in a negative number, by setting the limit at a zero percent increase instead.

Committee Categories

Education

Sponsors (19)

Last Action

referred to education (on 01/05/2022)

bill text


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