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

2025 Regular Session Introduced by Pat Carroll

Capes annual shifts in property tax proportions within Haverstraw to at most 1%, if a local law approves, preserving tax-burden stability across property classes.

REPORTED REFERRED TO RULES

Summary of Bill A. 10184 (2025-2026) – New York

Purpose

This bill amends the Real Property Tax Law to limit how much the current base proportion (the share of assessment used for tax calculation) for any class of property can shift between years within the town of Haverstraw, Rockland County. The intent is to prevent large year-to-year swings in the tax burden between property classes, preserving stability in the tax mix for residents and taxpayers in this town.

Key Provisions

Scope and applicability

Applies to an approved assessing unit within the Town of Haverstraw, Rockland County.
Applies to current base proportions determined by taxes based on that unit’s two thousand twenty-six to two thousand twenty-seven assessment rolls (i.e., the base year transition period).

Limitation on changes

The current base proportion for any property class may not exceed the adjusted base proportion (or adjusted proportion, whichever is applicable) from the immediately preceding year by more than one percent.
This limitation only applies if the approved assessing unit has enacted a local law, ordinance, or resolution authorizing this limit.

Adjustment when a limit is reached

If applying the one-percent limit would otherwise cause an overage, the current base proportion for the affected class(es) must be limited to the one-percent increase.
The legislative body of the town must then adjust the current base proportion of either class so that the sum of the current base proportions equals one (i.e., total proportion remains 100%).

Effective Date

The act takes effect immediately upon enactment.

Practical Impact

Tax stability within Haverstraw: By capping annual shifts between classes, property owners in different classes (e.g., residential, commercial, vacant land, etc.) may experience more predictable tax burdens year to year.

Local action required: The provision only takes effect in towns that adopt a local law/ordinance/resolution authorizing the limitation, giving local governments control over whether to implement the cap.

Potential rebalancing: If a one-percent cap would otherwise cause imbalance, the town must adjust the base proportions so that total remains at 100%, potentially redistributing small amounts between classes.

Affected Parties

Residents and property owners in the Town of Haverstraw (especially those concerned about year-to-year tax shifts between property classes).

Town government and assessors responsible for determining and adjusting current base proportions.

Class divisions of taxable property within the town (e.g., residential, commercial, agricultural, etc.) that have base proportions used for tax calculations.

Procedural Timeline

Introduced February 12, 2026; referred to Real Property Taxation.

Subsequent actions include passage by the Assembly and Senate, with standard legislative timelines.

If enacted, the immediate effect provision means the measure would be operative upon the law taking effect and local governing body adoption.

Notes

The bill references a previous law (as added by chapter 340 of 2025) and builds on existing base proportion concepts in property taxation.

The text specifies a one-percent cap in the context of current base proportions and requires a local enabling act to take effect.