New York Senate bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year.
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.
| Date | Event | Detail |
|---|---|---|
| 2025-01-15 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Senate Committee |