Extends limitations on the shift between classes of taxable property in the town of Orangetown, County of Rockland

Summary

The bill amends New York’s real property tax law to limit how much the share of any taxable property class can increase in Orangetown, Rockland County. Any increase over the prior year's adjusted share cannot exceed one percent, and only if the town has passed a local law, ordinance, or resolution allowing it. The town’s legislative body must then adjust the class shares so they total 100%.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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