New York policy
A876: Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year
NY Assembly · Sponsor Nily Rozic
- Jurisdiction
- New York State
- Applies to
- New York State (proposed)
- Effective
- January 7, 2026
What it requires
Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year; applies only to class one and class two properties.
ny-stateassemblylegislationbill
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