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state_legiscan_drain · NY

Limits the amount of property tax shift between homestead/non-homestead and class share apportionment for local governments within and including Nassau and Suffolk County.

May 1, 2026

Summary

If enacted, this bill would limit the amount of property tax burden that can shift between homestead and non-homestead classifications, and restrict class share apportionment changes, for local governments in Nassau and Suffolk Counties. This would stabilize property tax increases for homeowners and reduce volatility in escrow amounts.

AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.

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Source: https://www.nysenate.gov/legislation/bills/2025/A11193

Common questions

What does "Limits the amount of property tax shift between homestead/non-homestead and class share apportionment for local governments within and including Nassau and Suffolk County." cover?
If enacted, this bill would limit the amount of property tax burden that can shift between homestead and non-homestead classifications, and restrict class…
When was it published?
It was published on May 1, 2026.

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Limits the amount of property tax shift between homestead/non-homestead and class share apportionment for local governments within and including Nassau and Suffolk County. — Reglith