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failed · New York · Assembly May 10, 2022

A 6667: Authorizes the town of Southampton, county of Suffolk, to enact a homestead exemption and cap on assessment increases for real property tax purposes

Authorizes the town of Southampton, county of Suffolk, to enact by local law a homestead exemption; provides that such exemption shall not exceed $50,000 in full assessed value; authorizes a cap on all annual assessment increases for residential property, not to exceed five percent.
Fred Thiele (D)
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