New York S06544 mandates every assessing unit to conduct a revaluation of assessments at least every eight years.
New York S06544 amends the real property tax law by requiring every assessing unit to conduct a revaluation of assessments at least once every eight years. This ensures that property assessments are updated regularly to reflect current market values. The changes will take effect on January 1, 2030.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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