A9879 (2023-24 session)

NY State bill

Establishes the 13 member temporary state commission on New York city property tax reform to propose property tax reform for the city of New York that promotes fairness, clarity, and simplicity; that eliminates structural inequality and taxes similar properties similarly; that encourages the development and preservation of affordable and multifamily housing; that includes owner relief programs and an approach to transition that insures low- and moderate-income owners have affordable tax bills and that primary residents are not displaced from their homes; and that does not diminish revenue for the city of New York.

Title
Establishes the temporary state commission on New York city property tax reform
Type
New York State Assembly bill
Session
2023-24 session
Status
In Assembly Committee
Latest action date
2024-04-24
In committee
Real Property Taxation
Introduced
2024-04-24
Law section
New York City

Sponsors

Co-sponsors

Heard in committee

Sources