Budget & Taxes (Property Tax)

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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in committee · New York · Senate Jan 7, 2026

S 4216: Allows salary and civil service exam credits for police officers in certain cities and property tax credits for resident officers

Allows salary and civil service exam credits for police officers in certain cities and property tax credits for resident officers and a student loan forgiveness program for certain police officers.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax credits for resident police officers, a direct tax relief measure targeting public safety personnel within fiscal policy.90% confidence

Sub-Topics Property Tax

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in committee · New York · Assembly Jan 6, 2026

A 9132: Relates to the clergy property tax exemption

Provides that real property held in the cooperative form of ownership by a minister of the gospel, priest or rabbi of any denomination, an actual resident and inhabitant of this state, who is engaged in the work assigned by the church or denomination of which such person is a member, or who is unable to perform such work due to impaired health or is over seventy years of age, shall be exempt from taxation to the extent of fifteen hundred dollars; provides that certain properties receiving a tax exemption pursuant to the clergy property tax exemption are eligible to receive a partial abatement for residential real property held in the cooperative or condominium form of ownership in a city having a population of one million or more.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides $1,500 property tax exemption for clergy, reducing tax burden per bill summary90% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Senate May 27, 2025

S 3181: Authorizes the commissioner of finance of the city of New York to establish a property tax amnesty program

Authorizes the commissioner of finance of the city of New York to establish a property tax amnesty program; provides that such program shall last for 4 months and shall forgive up to $1000 of interest on a delinquent tax bill if 100 percent of the principal bill is paid.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief by forgiving interest on delinquent property taxes, encouraging payment compliance and increasing city revenue collection.95% confidence

Sub-Topics Property Tax

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in committee · New York · Senate Mar 23, 2026

S 3245: Relates to payments in lieu of taxes

This bill (S 3245) updates how New York local governments and school districts calculate payments in lieu of taxes (PILT) for tax-exempt properties. It requires the Commissioner of Taxation to compute an annual "quantity change factor" showing percentage shifts in taxable property values between specific assessment rolls. This factor must include changes in value for properties under PILT agreements, ensuring these adjustments directly impact local tax revenue calculations. The bill affects municipalities and school districts receiving PILT payments by standardizing how property value changes are factored into their funding.

Topics ✓ Budget & TaxesSupports Budget & TaxesUpdates PILT calculations to reflect current property value changes, ensuring accurate local tax revenue and fiscal responsibility for municipalities.85% confidence

Sub-Topics Property Tax Revenue

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