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A10600 Summary:
BILL NO | A10600 |
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SAME AS | No Same As |
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SPONSOR | Rules (Rajkumar) |
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COSPNSR | |
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MLTSPNSR | |
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Rpld 1803-b sub 1 (b), 581 & 467-a, amd RPT L, generally; amd 339-y, RP L; amd 11-2105 & 11-201, NYC Ad Cd | |
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Abolishes the class share system and partial valuation; provides a homestead exemption and a real property tax circuit breaker abatement; repeals partial tax abatement for residential real property held in the cooperative or condominium form of ownership; defines co-ops and condominiums as class one properties. |