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A 1520 New York Assembly · 2025 Regular Session

Discontinues certain real property tax exemptions for real property used for major league sports teams

Summary
Discontinues the real property tax exemption for certain real property that is used for home games for certain professional sports teams in New York city beginning with the 2026 assessment roll.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill closes tax exemption for sports teams, increasing state revenue by ending a loophole, aligning with fiscal responsibility.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 10, 2025 Last action Jan 7, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO REAL PROPERTY TAXATION
lower
Jan 10, 2025
Committee
REFERRED TO REAL PROPERTY TAXATION
lower
1 primary · 10 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of David Weprin
David Weprin
DDemocratic
NY
24
Co
Photo of Alex Bores
Alex Bores
DDemocratic/Working Families
NY
73
Co
Photo of Dana Levenberg
Dana Levenberg
DDemocratic/Working Families
NY
95
Co
JG
Jessica González-Rojas
DDemocratic/Working Families
NY
34
Co
Photo of Jo Anne Simon
Jo Anne Simon
DDemocratic
NY
52
Co
Photo of Linda Rosenthal
Linda Rosenthal
DDemocratic
NY
67
Co
Photo of Phara Souffrant Forrest
Phara Souffrant Forrest
DDemocratic
NY
57
Co
Photo of Phil Steck
Phil Steck
DDemocratic
NY
110
Co
Photo of Steven Raga
Steven Raga
DDemocratic
NY
30
Co
Photo of Tony Simone
Tony Simone
DDemocratic
NY
75
Co
Photo of Zohran Mamdani
Zohran Mamdani
DDemocratic
NY
36