New York Senate Bill 414: Provides that the cap on assessment increases for class one dwellings shall not apply to dwellings assessed at over three million dollars where the owners have a gross household income not exceeding $250,000.

New York · 2025-2026 session

What it does

Provides that the cap on assessment increases for class one dwellings shall not apply to dwellings assessed at over three million dollars where the owners have a gross household income not exceeding $250,000.

Latest action

REFERRED TO LOCAL GOVERNMENT (2026-01-07)

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