Tkaczyk pens flood relief plan
Montgomery County homeowners hit hard by recent flooding would receive help from a bill by state Sen. Cecilia Tkaczyk, D-Duanesburg.
The freshman senator recently introduced the flood assessment relief act of 2013, which would ease the property tax burden on homeowners who saw their property values dramatically decrease. Taxpayers in Montgomery County would be able to grieve their assessment to the local Board of Assessment Review. Additionally, local assessors would be authorized to request assessments of seriously damaged home be based on the property's after-flood value.
A copy of the bill memorandum is available below.
According to the memorandum, similar legislation was adopted in 2005 and 2007.
This type of state relief would be particularly important if a federal disaster declaration isn't declared.
Tkaczyk's bill doesn't have an Assembly sponsor yet, but I imagine Assemblyman Angelo Santabarbara, D-Rotterdam, would sign on soon.
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