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A10600 Summary:

BILL NOA10600
 
SAME ASNo Same As
 
SPONSORRules (Rajkumar)
 
COSPNSR
 
MLTSPNSR
 
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
 
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.
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