New York Senate Bill S04767 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 4767 2023-2024 Regular Sessions  IN SENATE February 14, 2023 ___________ Introduced by Sen. LANZA -- read twice and ordered printed, and when printed to be committed to the Committee on Cities 1 AN ACT directing a city with a population of one million or more to reduce its real property tax levy The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Notwithstanding any provision of general, special or local 2 law to the contrary, a city with a population of one million or more 3 shall reduce its real property tax levy for the 2024 fiscal year by an 4 amount not less than the real property tax increase authorized pursuant 5 to local law 40 of the city of New York for the year 2002. 6 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08733-01-3