Limits shift between classes of taxable property in Haverstraw, Rockland County for 2025-2026.

This bill amends the real property tax law to limit the shift between classes of taxable property in the town of Haverstraw, Rockland County for the 2025-2026 tax year. It specifies that the current base proportion of any class cannot exceed the adjusted base proportion of the previous year by more than one percent, provided the local legislative body has enacted a local law, ordinance, or resolution. If the computation of current base proportions would otherwise exceed this limit, the current base proportion is capped at a one percent increase. The bill takes effect immediately.

Limits shift between classes of taxable property in Haverstraw, Rockland County for 2025-2026.

This bill amends the real property tax law to limit the shift between classes of taxable property in the town of Haverstraw, Rockland County for the 2025-2026 tax year. It specifies that the current base proportion of any class cannot exceed the adjusted base proportion of the previous year by more than one percent, provided the local legislative body has enacted a local law, ordinance, or resolution. If the computation of current base proportions would otherwise exceed this limit, the current base proportion is capped at a one percent increase. The bill takes effect immediately.