New York Assembly Bill A05871 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 5871 2025-2026 Regular Sessions  IN ASSEMBLY February 24, 2025 ___________ Introduced by M. of A. GALLAGHER -- read once and referred to the Committee on Real Property Taxation AN ACT to amend the real property tax law, in relation to disclosing and publishing information relating to the use or non-use of computer assisted mass appraisal systems or other statistical formulae or computer software to assess or adjust real property tax The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The real property tax law is amended by adding a new 2 section 571 to read as follows: 3 § 571. Transparency in statistical assessment methods. 1. Any assess- 4 ment unit or consolidated assessment unit that uses a computer assisted 5 mass appraisal system or other statistical formula or computer software 6 at any step during the assessment of taxes on real property pursuant to 7 this chapter shall publish at least annually on such assessing unit's or 8 consolidated assessing unit's website: 9 a. The statistical formula or formulae, code, or script used to deter- 10 mine, inform, or adjust assessments, if any, including a description of 11 each variable contained therein and the sources of data utilized for 12 each such variable; 13 b. A written description of the methodology underlying each statis- 14 tical formula, code, or script, including how such calculations are used 15 to determine, inform, or adjust assessments; and 16 c. Information regarding the computer software or computer assisted 17 mass appraisal system used for the last assessment year, including the 18 length of time such software or system has been used, and the cost and 19 terms of the contract, if any, for the license to use such software. 20 2. In any assessing unit or consolidated assessing unit that does not 21 use any computer assisted mass appraisal system or other statistical 22 formula or computer software at any step during the assessment of taxes 23 on real property, such assessing unit or consolidated assessing unit EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08922-01-5 
 A. 5871 2 1 shall publish annually on its website a verification to such effect and 2 an explanation of the methods used to assess taxes on real property 3 pursuant to this chapter. 4 § 2. This act shall take effect on the ninetieth day after it shall 5 have become law.