Bill

Bill > A08021


NY A08021

NY A08021
Requires the level of assessment for state equalization rates for the Farmingdale union free school district and the Amityville union free school districts which are located in the same town, but in different counties, to be calculated at the same time and on a regular basis.


summary

Introduced
04/22/2025
In Committee
04/22/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT relating to the establishment of certain state equalization rates for the Farmingdale union free school district and the Amityville union free school districts

AI Summary

This bill requires the Farmingdale and Amityville union free school districts, which are located in the same town (Babylon) but in different counties (Suffolk and Nassau), to update and calculate their state equalization rates simultaneously and on a regular basis. State equalization rates are used in property tax assessments to ensure fairness in how properties are valued for tax purposes across different jurisdictions. The bill mandates that these two school districts, despite being in different counties, will now synchronize their assessment level calculations according to the provisions of article 16 and article 18 of the real property tax law. The legislation is designed to create consistency in how these neighboring school districts assess property values, which can impact school funding and local tax rates. The act is set to take effect immediately upon passage.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

referred to real property taxation (on 04/22/2025)

bill text


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