New York Assembly Bill 876: 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.

New York · 2025-2026 session

What it does

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.

Latest action

referred to real property taxation (2026-01-07)

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