New York A05871 mandates transparency in real property tax assessments by requiring assessing units to disclose and publish information on the use of.

New York A05871 amends the real property tax law to require assessing units to disclose and publish information on the use of computer assisted mass appraisal systems or statistical formulas in real property tax assessments. Assessing units using such systems must publish details about the statistical formulas, codes, scripts, and data sources used. Units not using these systems must verify their non-use and explain their assessment methods. This act aims to enhance transparency and accountability in real property tax assessments.

New York A05871 mandates transparency in real property tax assessments by requiring assessing units to disclose and publish information on the use of.

New York A05871 amends the real property tax law to require assessing units to disclose and publish information on the use of computer assisted mass appraisal systems or statistical formulas in real property tax assessments. Assessing units using such systems must publish details about the statistical formulas, codes, scripts, and data sources used. Units not using these systems must verify their non-use and explain their assessment methods. This act aims to enhance transparency and accountability in real property tax assessments.