Budget & Taxes (Property Tax)

passed · New York · Senate Feb 26, 2026

S 3574: Relates to notification of a senior real property tax exemption

This bill requires local tax offices to send seniors two notices about renewing their real property tax exemption. It mandates an initial notice 60 days before the tax deadline and a second notice 30 days before if the renewal application hasn't been received. Seniors must submit a completed application by the deadline to maintain their exemption, and tax offices must notify them of approval or denial within three days of the assessment roll closing. This applies directly to seniors who previously qualified for the exemption and need to renew it annually.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnsures seniors maintain tax exemption through required notices, supporting tax relief for seniors.80% confidence

Sub-Topics Property Tax Tax Incentives Tags Seniors

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in committee · New York · Senate Jun 12, 2025

S 1515: Removes emergency medical services from the limit on real property tax levies by local governments

This bill (S 1515) changes how local governments in New York calculate property tax levies by removing costs for emergency medical services (EMS) from the tax levy cap. It directly affects cities, towns, and counties that provide EMS, allowing them to fund these services without counting those expenses toward their annual property tax limit. The key provision adds a new exemption (subparagraph v) to the tax levy calculation, explicitly excluding EMS expenditures from the cap. This is a technical adjustment to the tax formula, not a new funding source or policy shift for EMS services themselves.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts EMS costs from tax levy cap, enabling local governments to fund essential services within budget limits without triggering tax increases.95% confidence ✓ HealthcareSupports HealthcareRemoves EMS costs from property tax cap, enabling local governments to fund emergency medical services without tax levy constraints, directly supporting healthcare service funding.85% confidence

Sub-Topics Property Tax

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passed both · New York · Assembly Jun 1, 2026

A 6790: Relates to tax credits for volunteer firefighters and volunteer ambulance workers

Provides that for taxable years beginning on and after January first, two thousand twenty-six, a resident taxpayer who serves as an active volunteer firefighter or as a volunteer ambulance worker shall be allowed a credit against the tax imposed equal to eight hundred dollars; provides for a real property tax exemption under certain circumstances to an enrolled member of an incorporated volunteer fire company, fire department or incorporated voluntary ambulance service residing in such city, village, town, school district, special district, fire district or county.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides $800 tax credit for volunteer firefighters/ambulance workers, reducing their tax burden - tax relief for specific community members95% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 4783: Exempts certain property and services used in the cultivation of cannabis for adult-use from sales and compensating use taxes

This bill (A 4783) exempts certain property and services used in New York's licensed adult-use cannabis cultivation from state sales and use taxes. It directly affects businesses holding adult-use cultivator, cooperative, or microbusiness licenses under New York's cannabis law. Key provisions include exempting tangible property (like equipment) and vehicles used predominantly (over 50% of use) in cannabis cultivation, with vehicle use defined as trips between cultivation sites or directly related to operations. Businesses can purchase exempt property tax-free by providing a completed exemption certificate to vendors or motor vehicle authorities.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts cannabis cultivation property/services from sales/use taxes, reducing tax burden on businesses under NY's cannabis law.90% confidence

Sub-Topics Property Tax

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died · New York · Senate Jun 1, 2026

S 6233: Relates to tax credits for volunteer firefighters and volunteer ambulance workers

Provides that for taxable years beginning on and after January first, two thousand twenty-six, a resident taxpayer who serves as an active volunteer firefighter or as a volunteer ambulance worker shall be allowed a credit against the tax imposed equal to eight hundred dollars; provides for a real property tax exemption under certain circumstances to an enrolled member of an incorporated volunteer fire company, fire department or incorporated voluntary ambulance service residing in such city, village, town, school district, special district, fire district or county.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides $800 tax credit for volunteer firefighters/ambulance workers, reducing their tax burden (tax relief for lower-income volunteers).95% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 7136: Excludes environmental contamination from consideration as a factor for real property assessment

This bill amends New York's real property tax law to exclude environmental contamination (such as pollution or hazardous substances) from being considered when determining a property's taxable value. It directly affects property owners and tax assessors by removing contamination as a factor in calculating annual property taxes. The key provision adds a new rule stating that environmental contamination "shall be excluded from consideration" for assessment purposes, applying to all properties with a taxable status date on or after the effective date. This change simplifies tax assessments for properties with environmental concerns without altering liability for cleanup.

Topics ✓ Budget & TaxesSupports Budget & TaxesExcludes environmental contamination from property assessment, increasing tax revenue by preventing lower valuations on contaminated properties, directly supporting state budget through higher tax collection.90% confidence

Sub-Topics Property Tax

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in committee · New York · Senate Jan 7, 2026

S 3504: Provides real property tax relief to certain veterans

Provides real property tax relief to veterans who have at least ten years of service in the U.S. armed forces or in the organized militia of the state of New York.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides real property tax relief to veterans, reducing their tax burden, aligning with tax relief policies that support fiscal responsibility for specific groups.95% confidence ✓ VeteransSupports VeteransProvides tax relief to veterans with 10+ years service, expanding financial benefits for veterans as per topic description.95% confidence

Sub-Topics Property Tax Veteran Education Veteran Housing

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in committee · New York · Senate Jan 7, 2026

S 4019: Exempts improvement to historic property from taxation if certified and agreed by appropriate agency

Encourages the preservation and viewing of historic properties by allowing an exemption from local real estate tax in cities of a million or more population, for improvements to historic real property and by requiring certain public access to such property; defines the term "historic real property" as a one, two or three family residence which is owner-occupied and designated by the appropriate agency as a historic landmark and such designation is maintained.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for historic property improvements, reducing local real estate tax liability for owner-occupied homes. Directly impacts taxation policy by offering tax relief.90% confidence ✓ HousingSupports HousingBill provides tax exemption for historic residential properties, protecting property rights within housing policy as defined in topic description.80% confidence

Sub-Topics Property Tax Tax Incentives Historic Preservation Homeownership Property Taxes

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in committee · New York · Assembly Jan 7, 2026

A 6992: Relates to tax abatements for building owners in a city having a population of one million or more who complete exterior repairs

This bill, the "RESTORE Act," provides property tax abatements for building owners in cities with over one million residents (like New York City) who complete required facade repairs and remove associated scaffolding or sidewalk sheds within specific timeframes. Owners who finish repairs and remove scaffolding within three months receive a 50% tax break on eligible repair costs or property taxes, decreasing incrementally to 5% if completed within 12 months. Delays beyond 18 months trigger penalties, with fines up to 25% of annual property taxes. It directly affects building owners - including landlords, co-ops, and condo associations - by incentivizing timely repairs to meet NYC's facade safety requirements.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax abatements (50% tax break) to building owners for facade repairs, directly offering tax relief under state tax policy.95% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 4620: Expands the tax exemption for new farm buildings

This bill expands tax exemptions for new farm buildings to include structures used for on-farm retail sales of agricultural products like produce, honey, or maple syrup. Previously excluded, these retail buildings (e.g., farm stands or on-site sales areas) now qualify for the same tax exemption as other farm structures used for production or storage. The change directly benefits farmers who sell directly to consumers from their properties, reducing their property tax burden for qualifying retail facilities. The exemption applies to buildings used exclusively for selling farm-grown commodities, not for general retail operations.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax exemptions for farm retail buildings, reducing property tax burden for farmers selling directly to consumers, providing tax relief per fiscal policy indicators.95% confidence

Sub-Topics Property Tax Tax Incentives

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