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Bill

Bill

S 5221

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

2025 Regular Session Introduced by Bill Weber

Bill S 5221 extends limits on property tax classifications in Orangetown, ensuring stable assessments and protecting owners from sudden tax increases.

SUBSTITUTED BY A4390
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Bill Summary · S 5221

Summary of Bill S 5221

Bill Information

  • Bill Number: S 5221
  • Title: Extends limitations on the shift between classes of taxable property in the town of Orangetown, County of Rockland
  • Status: Substituted by A 4390
  • Introduced: February 19, 2025
  • Classification: Legislative Bill

Purpose and Intent

Bill S 5221 aims to extend the limitations on the shifting of taxable property classes within the town of Orangetown, located in Rockland County, New York. The intent of this legislation is to provide stability and predictability in property taxation, which can affect local revenue and the financial planning of property owners.

Key Provisions

  • Extension of Limitations: The bill proposes to extend the current limitations on the reassessment and shifting of property classifications. This means that the town will maintain its existing framework for categorizing properties for tax purposes, preventing sudden changes that could impact tax liabilities for property owners.

  • Impact on Taxation: By extending these limitations, the bill seeks to protect property owners from potential increases in tax burdens that could arise from reclassification of properties.

Who Would Be Affected

  • Property Owners in Orangetown: The primary beneficiaries of this bill are property owners in the town of Orangetown, who would experience more stable tax assessments.

  • Local Government: The town's local government will also be impacted, as the bill affects how they manage property tax revenues and budgeting.

Legislative Timeline

  • February 19, 2025: The bill was introduced and referred to the Local Government Committee.
  • May 29, 2025: The bill was discharged from committee and committed to the Rules Committee, followed by an order for third reading.
  • June 6, 2025: The bill was substituted by A 4390, indicating that the provisions of S 5221 may be incorporated into this companion bill.

Related Bills

  • S 9704: A prior-session bill that may have addressed similar issues related to property taxation.
  • A 4390: The companion bill that has substituted S 5221, likely containing similar or expanded provisions regarding property tax classifications.

Conclusion

Bill S 5221 is designed to provide a framework for maintaining stable property tax classifications in Orangetown, thereby protecting property owners from sudden tax increases. Its substitution by A 4390 suggests that the legislative process is ongoing, with potential modifications or enhancements being considered.

Compiled from official sources — confirm details with the bill’s official record.

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