Authorizes the town of Southampton, county of Suffolk, to enact a homestead exemption and cap on assessment increases for real property tax purposes
Summary
Authorizes the town of Southampton, county of Suffolk, to enact by local law a homestead exemption; provides that such exemption shall not exceed $50,000 in full assessed value; authorizes a cap on all annual assessment increases for residential property, not to exceed five percent.
Bill status
failed
1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
Governor
Introduced Mar 25, 2021
Last action May 10, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
May 10, 2022
Assembly · Failed
HELD FOR CONSIDERATION IN REAL PROPERTY TAXATION
Jan 5, 2022
Assembly · Referred to committee
REFERRED TO REAL PROPERTY TAXATION
Mar 25, 2021
Assembly · Referred to committee
REFERRED TO REAL PROPERTY TAXATION
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Fred Thiele
DDemocratic
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