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Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year

In committee: it can still change before the session ends.

NY A 876 · A · 2025-2026

Stage
In committee
Sponsor
1
Latest action
Jan 7, 2026

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.

Read the full text

Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    In committee · Jan 7, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in New York.

Work with this bill

Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year | 52