Budget & Taxes (Property Tax)

passed · New York · Senate Feb 5, 2026

S 4075: Relates to authorizing the Silver Lake Foundation Inc. to receive retroactive real property tax exempt status

Authorizes the assessor of Richmond county to grant the Silver Lake Foundation Inc. retroactive real property tax exempt status upon an application therefor.

Topics ✗ Budget & TaxesOpposes Budget & TaxesGrants retroactive tax exemption to foundation, reducing county tax revenue and weakening tax base.90% confidence

Sub-Topics Property Tax

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in committee · New York · Assembly Jan 7, 2026

A 3864: Relates to a real property tax exemption for property owned by active duty service members

Provides a real property tax exemption for property owned by active duty service members of the armed forces of the United States in taxing jurisdictions which elect to provide a veterans exemption.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides real property tax exemption for military, reducing tax burden. Aligns with tax relief indicator for Budget & Taxes policy.95% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Senate Mar 6, 2025

S 6211: Relates to tax abatements for building owners in a city having a population of one million or more who complete exterior repairs

This bill, S 6211 (the "RESTORE Act"), offers property tax abatements to building owners in New York City (population over 1 million) who complete required facade repairs and remove associated scaffolding/sidewalk sheds within specific timeframes. Owners who finish repairs and remove scaffolding within three months receive a 50% tax abatement on repair costs or property taxes (whichever is lower), with the abatement decreasing to 5% if completed within 12 months. Building owners who fail to complete repairs and remove scaffolding within 18 months face penalties of 10% plus 2% per additional month (capped at 25% of property taxes). The program applies to repairs mandated under NYC's 1998 facade safety law, aiming to reduce prolonged sidewalk obstructions while easing financial burdens on owners.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides property tax abatements (reducing tax burden) for NYC building owners completing facade repairs, directly addressing tax policy as a fiscal incentive.95% confidence

Sub-Topics Property Tax Tax Incentives

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passed · New York · Senate Jun 2, 2026

S 2321: Relates to authorizing the city of Albany to add unpaid housing code violation penalties, costs and fines to such city's annual tax levy

This bill allows the city of Albany to add unpaid housing, building, and fire code violation penalties, costs, and fines to its annual property tax levy. It applies only to properties where violations have been legally adjudicated, remain unpaid for one year, and total at least 5% of the property's tax value. The city must notify owners, offer redemption options before foreclosure, and provide tenant assistance programs for renters in affected properties. Crucially, it excludes owner-occupied primary residences and requires the city to develop tenant relocation support before tax foreclosure. The policy changes how Albany collects unpaid housing code debts, treating them like property taxes for collection purposes.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill enables cities to collect unpaid fines via tax levies, promoting fiscal responsibility in revenue collection without new taxes or defunding.90% confidence

Sub-Topics Property Tax

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vetoed · New York · Assembly Dec 19, 2025

A 2177: Removes emergency medical services from the limit on real property tax levies by local governments

This bill (A 2177) removes the cost of emergency medical services (EMS) from the property tax levy limit that local governments (like cities and towns) must follow. It directly affects municipalities that fund EMS services, allowing them to cover these costs without triggering the tax cap. The key change adds a specific exemption in law, so EMS expenditures no longer count toward the maximum tax levy allowed under current rules. This provides local governments with more budget flexibility for essential emergency response services.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts EMS costs from tax levy cap, increasing budget flexibility for essential public services without raising taxes.90% confidence ✓ HealthcareSupports HealthcareExempts EMS costs from tax limits, enabling stable local funding for emergency medical services, directly supporting healthcare delivery.90% confidence

Sub-Topics Property Tax

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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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in committee · New York · Assembly Jun 5, 2026

A 4007: Authorizes the Congregation Khal Mevakshei Hashem, Inc. to receive retroactive real property tax exempt status

Authorizes the Congregation Khal Mevakshei Hashem, Inc. to receive retroactive real property tax exempt status for the 2024 assessment roll and all of the 2023-2024 school taxes.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill grants retroactive property tax exemption to a congregation, reducing state revenue and aligning with tax break indicators for oppose.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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