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Bill

S 5233

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

2025 Regular Session Introduced by Bill Weber

Bill S 5233 aims to stabilize Haverstraw's tax system by limiting shifts in tax burdens among property classes, ensuring fairer rates for homeowners and businesses.

SUBSTITUTED BY A5364
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Bill Summary · S 5233

Summary of Bill S 5233

Bill Information

  • Bill Number: S 5233
  • Title: Limiting the shift between classes of taxable property in the town of Haverstraw, county of Rockland
  • Status: Substituted by A 5364
  • Introduced: February 19, 2025
  • Classification: Bill

Purpose and Intent

The primary purpose of Bill S 5233 is to address the taxation structure within the town of Haverstraw, located in Rockland County, New York. The bill aims to limit the shifting of tax burdens between different classes of taxable property. This is intended to create a more equitable tax system that prevents significant fluctuations in tax rates for property owners, thereby promoting stability in local taxation.

Key Provisions

While the specific provisions of Bill S 5233 are not detailed in the provided information, the general intent is to:
- Limit Tax Shifts: Establish parameters that restrict how much the tax burden can shift between various classes of property (e.g., residential, commercial, industrial).
- Promote Fairness: Ensure that property owners are not disproportionately affected by changes in tax assessments or rates.

Affected Parties

The bill primarily affects:
- Property Owners in Haverstraw: Homeowners and business owners who may experience changes in their tax liabilities due to shifts in property classifications.
- Local Government: The town's tax revenue structure and budgeting processes may be impacted, as the bill seeks to stabilize tax rates across different property classes.

Legislative Actions and Timeline

  • February 19, 2025: Bill S 5233 was introduced and referred to the Local Government committee.
  • June 9, 2025: The bill was discharged from committee and committed to the Rules committee, followed by an order for third reading.
  • June 12, 2025: The bill was substituted by A 5364, indicating that the provisions of S 5233 may have been incorporated into this companion bill.

Related Bills

  • A 5364: This is the companion bill to S 5233 and has taken precedence in the legislative process. It is essential for readers to follow A 5364 for the latest developments regarding the tax structure in Haverstraw.

Conclusion

Bill S 5233 represents an effort to stabilize the tax environment in Haverstraw by limiting shifts in tax burdens among property classes. As it has been substituted by A 5364, stakeholders should monitor the progress of the companion bill for the most current information and implications for local taxation.

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

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