· NY legislature · 2025-2026

Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year

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.

Sponsor

Nily Rozic (D-NY)

Introduced

2025-01-08

Policy area

Taxation

Latest action

REFERRED TO REAL PROPERTY TAXATION