Establishes the upstate New York assessment relief act to provide tax relief to property owners affected by the October 31, 2019 storm.

The upstate New York assessment relief act provides assessment and tax relief to owners of real property that lost fifty percent or more of its value due to the storm occurring across upstate New York on October 31, 2019. Eligible municipalities can elect to provide relief, and property owners must submit a written request to the assessor within ninety days of the act's enactment. The act defines "catastrophically impacted property" and outlines the percentage reductions in assessed value based on the extent of damage.

Establishes the upstate New York assessment relief act to provide tax relief to property owners affected by the October 31, 2019 storm.

The upstate New York assessment relief act provides assessment and tax relief to owners of real property that lost fifty percent or more of its value due to the storm occurring across upstate New York on October 31, 2019. Eligible municipalities can elect to provide relief, and property owners must submit a written request to the assessor within ninety days of the act's enactment. The act defines "catastrophically impacted property" and outlines the percentage reductions in assessed value based on the extent of damage.