WeVote
Log In

Bill

Bill

A 5364

Limiting the shift between classes of taxable property in the town of Haverstraw, county of Rockland

2025 Regular Session Introduced by Pat Carroll

Bill A 5364 limits tax shifts between property classes in Haverstraw, ensuring fairer, more stable assessments for property owners and reducing tax disputes.

SIGNED CHAP.340
0
WeVote Research Nonpartisan
Bill Summary · A 5364

Summary of Bill A 5364

Bill Information

  • Bill Number: A 5364
  • Title: Limiting the shift between classes of taxable property in the town of Haverstraw, county of Rockland
  • Status: Signed into law as Chapter 340
  • Introduced: February 13, 2025
  • Classification: Legislative Bill

Purpose and Intent

Bill A 5364 aims to regulate the shifting of tax burdens among different classes of taxable property within the town of Haverstraw, located in Rockland County, New York. The primary intent is to provide a more equitable taxation framework that minimizes drastic fluctuations in property tax assessments across various property classes, thereby promoting fairness and stability in the local tax system.

Key Provisions

  • Limitation on Tax Shifts: The bill establishes specific parameters to limit the extent to which property taxes can shift between different classes of taxable property. This is designed to prevent significant tax increases for any one class of property, ensuring that no single group bears an undue burden.
  • Assessment Guidelines: The legislation outlines guidelines for property assessments, aiming to create a more predictable and stable tax environment for property owners in Haverstraw.
  • Implementation Timeline: The provisions of the bill are expected to be implemented following its signing into law, with specific timelines for local authorities to adjust their tax assessment practices accordingly.

Affected Parties

  • Property Owners: The primary beneficiaries of this bill are property owners in Haverstraw, who will experience more stable and predictable property tax assessments.
  • Local Government: The town of Haverstraw will need to adjust its tax assessment practices in compliance with the new regulations, which may involve administrative changes and training for local officials.
  • Taxpayers: Overall, the bill aims to create a fairer tax environment for all taxpayers in the town, reducing the potential for disputes and dissatisfaction regarding property tax assessments.

Legislative Process and Timeline

  • February 13, 2025: Bill introduced and referred to the Committee on Real Property Taxation.
  • May 27, 2025: Reported and referred to the Committee on Ways and Means.
  • June 4, 2025: Reported and referred to Rules.
  • June 6, 2025: Passed in the Assembly and delivered to the Senate.
  • June 12, 2025: Passed in the Senate, substituted for companion bill S 5233, and returned to the Assembly.
  • August 15, 2025: Delivered to the Governor.
  • August 22, 2025: Signed into law as Chapter 340.

Conclusion

Bill A 5364 represents a significant step towards creating a more equitable property tax system in Haverstraw, Rockland County. By limiting the shifts in tax burdens among different property classes, the legislation seeks to enhance fairness and stability for property owners and taxpayers alike. The successful passage and signing of this bill reflect a commitment to addressing local taxation issues effectively.

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

Sign in to ask a question.