Relates to base proportions in Nassau and Suffolk counties

This bill limits how much property tax base proportions can increase in Nassau and Suffolk counties for the 2024-2025 tax year. In Nassau County, approved assessing units must pass a local resolution to cap any single property class increase at one percent, while special assessing units in both counties face the same one percent limit without needing a separate vote. The legislation requires that if these caps are applied, local legislative bodies must adjust the proportions of other property classes to ensure the total tax rate remains at one hundred percent.