Bill > A10184

This bill, concerning the town of Haverstraw in Rockland County, amends the real property tax law to limit the shift between different classes of taxable property for the 2026-2027 tax year. Specifically, it prevents the "current base proportion" of any property class from increasing by more than one percent compared to the previous year's "adjusted base proportion" or "adjusted proportion," whichever is applicable. This limitation applies only if the town has adopted a local law allowing for it, and if a calculation would otherwise result in a larger increase, the town's legislative body must adjust the proportions so they do not exceed the one percent cap and the total proportions still add up to one.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A10184