A10600 (2023-24 session)

NY State bill

Abolishes the class share system and partial valuation; provides a homestead exemption and a real property tax circuit breaker abatement; repeals partial tax abatement for residential real property held in the cooperative or condominium form of ownership; defines co-ops and condominiums as class one properties.

Title
Enacts the five borough fair property tax act; repealer
Type
New York State Assembly bill
Session
2023-24 session
Status
Stricken
Latest action date
2024-07-15
Introduced
2024-06-20
Law section
Real Property Tax Law

Sponsors

Heard in committee

Sources