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S05984 Summary:
BILL NO | S05984 |
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SAME AS | SAME AS UNI. A06667 |
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SPONSOR | PALUMBO |
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COSPNSR | |
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MLTSPNSR | |
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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. |