Extends limitations on the shift between classes of taxable property in Orangetown, Rockland for 2026-2027 assessment rolls.

The bill amends the real property tax law to extend limitations on the shift between classes of taxable property in the town of Orangetown, County of Rockland for the 2026-2027 assessment rolls. Specifically, it limits the increase in the current base proportion of any class to one percent, provided the assessing unit has passed a local law, ordinance, or resolution. This act takes effect immediately.

Extends limitations on the shift between classes of taxable property in Orangetown, Rockland for 2026-2027 assessment rolls.

The bill amends the real property tax law to extend limitations on the shift between classes of taxable property in the town of Orangetown, County of Rockland for the 2026-2027 assessment rolls. Specifically, it limits the increase in the current base proportion of any class to one percent, provided the assessing unit has passed a local law, ordinance, or resolution. This act takes effect immediately.