Budget & Taxes (Property Tax)

in committee · New York · Assembly May 7, 2026

A 9036: Authorizes Godschild Outreach Ministries to receive retroactive real property tax exempt status

This bill authorizes Godschild Outreach Ministries, a religious nonprofit organization, to apply for retroactive real property tax exemption on specific parcels in Wyandanch, Babylon, Suffolk County (142 Irving Avenue). It allows the town assessor to accept their application for exemption from general and school taxes covering the 2019-2025 tax years, as if filed on time. If approved by the town board, the organization could receive refunds for taxes paid during those years, with corrections made to the tax rolls. The bill does not change existing tax law but provides a mechanism for this specific entity to seek retroactive relief.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill grants retroactive tax exemption, reducing town revenue for 2019-2025 by allowing refunds, weakening fiscal management.90% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Senate Jan 7, 2026

S 5460: Relates to the taxation of property owned by a cooperative corporation

This bill (S 5460) exempts certain cooperative corporation and condominium properties from specific real property tax rules if their municipality adopts a local law or school district resolution before the tax assessment date. It applies to properties not already subject to those tax rules before January 1, 2027, and excludes properties participating in affordable housing programs. The exemption requires municipal action prior to the tax assessment date but does not apply to properties already taxed under the rules before 2027 or those tied to affordable housing agreements. The changes take effect for tax assessments starting January 1, 2027.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExempts non-affordable housing properties from real property tax, reducing tax revenue; excludes affordable housing, indicating tax break for higher-income properties.90% confidence

Sub-Topics Property Tax

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in committee · New York · Senate Jan 7, 2026

S 7084: Provides for the application of the veterans' real property tax exemptions in the city of New York

This bill modifies New York State's veterans' property tax exemptions specifically for New York City (population over 1 million). It reduces the maximum annual tax exemption for veterans' primary residences from 15% (capped at $12,000) to 6% (capped at $4,800), and lowers the combat-zone service exemption from 10% (capped at $8,000) to 4% (capped at $3,200). It also cuts the exemption limit for property purchased using veterans' funds from $5,000 to $2,000. These changes apply only to New York City residents who qualify as veterans under state law. The bill does not create new exemptions but adjusts existing ones for the city's largest population center.

Topics ✗ Budget & TaxesOpposes Budget & TaxesReduces veterans' property tax exemptions, increasing tax burden and decreasing government spending on tax relief.95% confidence ✗ VeteransOpposes VeteransReduces veterans' property tax exemption caps from 15%/$12k to 6%/$4.8k and cuts other exemptions, directly weakening benefits.95% confidence

Sub-Topics Property Tax Tax Incentives

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signed · New York · Senate Aug 21, 2026

S 8263: 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 tax exemption for specific entity, reducing state revenue and weakening budget revenue collection.90% confidence

Sub-Topics 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 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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in committee · New York · Senate Jan 7, 2026

S 1575: Provides that certain real property tax exemptions shall only be granted where such property is actually used for certain enumerated purposes

Provides that real property tax exemptions granted to real property owned by corporations or associations organized or conducted exclusively for hospital or for purposes related to the moral or mental improvement of men, women, or children and used exclusively for carrying out such purposes shall only be granted if the property owner can prove by clear and convincing evidence that each acre is actually used for such purpose at least 120 days a year.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRestricts tax exemptions by requiring proof of use, closing a potential loophole and increasing tax revenue from properties that fail to meet criteria.90% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Senate Jan 7, 2026

S 3115: Authorizes assessing units to provide a real property tax exemption for private airports

Allows cities and towns to pass a local law or resolution, subject to permissive referendum, to allow a real property tax exemption for privately-owned, public use airports; provides the percentage of exemption would be specified in the law or resolution; provides the exemption would be limited to improvements to the airport used for takeoff, landing, taxiing and open air parking of aircraft, air navigation or communications facilities and passenger terminals available to the public without charge.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill creates tax exemption for private airports, reducing local government tax revenue, aligning with weakening tax collection and fiscal management.85% confidence ✓ TransportationSupports TransportationBill provides tax exemption for airport infrastructure improvements, directly supporting aviation transportation infrastructure maintenance and public use airport development.95% confidence

Sub-Topics Property Tax Tax Incentives Airports

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in committee · New York · Assembly Jan 7, 2026

A 1161: Relates to exempting heat and power generating equipment from taxation

This bill exempts combined heat and power (CHP) generating equipment from property taxation for 15 years. It applies to qualifying residential or commercial systems meeting specific technical standards (1-15 megawatts capacity, 60%+ fuel efficiency) installed on-site. The exemption covers the increased property value from the system, excluding normal building components like insulation. It amends existing tax law to define eligible CHP systems and requires compliance with guidelines set by the state authority.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill exempts CHP equipment from property tax, reducing state tax revenue and weakening tax collection for the budget.90% confidence ✓ EnergySupports EnergyExempts efficient CHP systems (60%+ fuel efficiency) from property tax, directly promoting energy efficiency and clean energy infrastructure adoption.95% confidence

Sub-Topics Property Tax

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in committee · New York · Senate Jun 9, 2025

S 8297: Relates to base proportions in Nassau and Suffolk counties

S 8297 limits annual increases in property tax base proportions for Nassau and Suffolk counties to prevent sudden tax hikes. For Nassau County, the increase for any tax class cannot exceed 1% annually, but only if local officials pass a specific law approving this cap. Suffolk County has a 2% annual cap for most years, but must use a 1% cap for the 2025-2026 tax period. If calculations would exceed these limits, county legislatures must adjust other tax classes to ensure the total base proportions remain at 100%.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill explicitly caps annual property tax increases (1-2%) to prevent sudden hikes, directly restricting tax growth in two counties.95% confidence

Sub-Topics Property Tax

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