Bill > A04391

This bill extends an existing limitation on property tax base proportions for the town of Clarkstown in Rockland County, New York, for an additional year (through the 2025-2026 assessment roll). Specifically, the bill allows the town to continue restricting changes in property tax base proportions between different classes of property (such as residential and commercial) to no more than a 1% increase from the previous year. This means that if the tax burden calculation would normally shift more than 1% between property classes, the town's legislative body must adjust the proportions to keep the increase within that 1% limit. The provision requires the town to pass a local law, ordinance, or resolution to implement this limitation. The bill amends a previous law that had set similar restrictions for assessment rolls from 2017-2018 through 2024-2025, and now adds the 2025-2026 assessment roll to that list. The act takes effect immediately upon passage.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A4391