Housing (Property Taxes)

in committee · New York · Senate Jun 11, 2025

S 7543: Authorizes New Hour for Women and Children LI, Inc. to receive retroactive real property tax exempt status

Authorizes New Hour for Women and Children LI, Inc. to receive a real property tax exemption for the 2022-2023, 2023-2024 and 2024-2025 assessment rolls.

Topics ✓ HousingSupports HousingGrants tax exemption to nonprofit providing housing services for women/children, enabling affordable housing access through reduced operational costs.85% confidence

Sub-Topics Property Taxes

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in committee · New York · Senate Jan 7, 2026

S 3353: Provides an exemption for the sale and installation of residential and commercial geothermal heat pump systems equipment

This bill (S 3353) exempts sales and installation of geothermal heat pump systems from state sales tax for both residential and commercial properties. It directly affects homeowners and businesses installing ground-source heat pumps that use the ground or groundwater for heating, cooling, or hot water. The key provision removes tax on equipment sales and installation services, excluding recreational facilities or equipment used as storage media. This policy change applies to systems meeting specific technical definitions in the tax law, without altering local tax options for municipalities.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill exempts geothermal equipment sales/installation from state sales tax, providing tax relief per support indicators.95% confidence ✓ EnergySupports EnergyExempts geothermal heat pump sales/installation from tax, directly promoting renewable energy adoption and reducing cost barriers for clean energy infrastructure.95% confidence ✓ EnvironmentSupports EnvironmentExempts geothermal systems from sales tax, promoting clean energy adoption and reducing fossil fuel dependence for heating/cooling92% confidence ✓ HousingSupports HousingExempts geothermal systems from sales tax for residential properties, lowering installation costs and reducing long-term energy expenses for homeowners, advancing affordable housing affordability.85% confidence

Sub-Topics Sales Tax Property Taxes

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in committee · New York · Senate Jan 7, 2026

S 5480: Relates to tax lien foreclosure

Relates to tax lien foreclosure; establishes senior, disabled, and veteran homeowner real property tax assistance program; establishes installment plans for certain real property taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax assistance program and installment plans for homeowners, providing relief to vulnerable groups like seniors and veterans.95% confidence ✓ HousingSupports HousingEstablishes tax assistance for seniors/disabled/veterans to prevent foreclosure, directly supporting housing stability for vulnerable homeowners.90% confidence ✓ VeteransSupports VeteransEstablishes veteran-specific property tax assistance program, providing direct financial support through tax relief for veterans' homeownership.95% confidence

Sub-Topics Property Tax Homeownership Mortgages Property Taxes

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in committee · New York · Senate Jan 7, 2026

S 7186: Prohibits the sale of tax liens by a tax district in a city with a population of one million or more

This bill prohibits tax districts in New York City (population over 1 million) from selling delinquent tax liens. It amends New York State tax law and New York City's administrative code to ban these sales, effective January 1 after enactment. The law directly affects NYC's tax collection practices by preventing the sale of unpaid property tax debts to private entities or the state bond bank. This is a specific policy change targeting tax lien sales in the largest city, with no exceptions for municipal collection methods.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBans tax lien sales, restricting a government revenue stream and altering fiscal management practices in NYC's tax collection.95% confidence ✓ HousingSupports HousingProhibits tax lien sales that could lead to property foreclosures, protecting homeowners and tenants from displacement in affordable housing.80% confidence

Sub-Topics Property Tax Property Taxes

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died · New York · Senate Jun 5, 2026

S 1457: Provides for adjustment of the maximum income threshold for eligibility for SCRIE, DRIE, SCHE and DHE by any increase in the consumer price index

Provides for adjustment of the maximum income threshold for eligibility for the senior citizen rent increase exemption (SCRIE), disability rent increase exemption (DRIE), senior citizen homeowners' exemption (SCHE), and disabled homeowners' exemption (DHE) by any increase in the consumer price index (CPI).

Topics ✓ Budget & TaxesSupports Budget & TaxesAdjusts tax exemption thresholds to maintain eligibility amid inflation, preserving tax relief for seniors/disabled homeowners - a direct tax relief measure for lower-income groups.95% confidence ✓ HousingSupports HousingAdjusts income thresholds for housing exemptions (SCRIE/DRIE/SCHE/DHE) to CPI, maintaining affordability for seniors/disabled renters/homeowners. Directly supports tenant protections and affordable housing access.90% confidence

Sub-Topics Property Taxes Renters

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in committee · New York · Assembly Jan 7, 2026

A 7061: Establishes the temporary state commission on New York city property tax reform

Establishes the 13 member temporary state commission on New York city property tax reform to propose property tax reform for the city of New York that promotes fairness, clarity, and simplicity; that eliminates structural inequality and taxes similar properties similarly; that encourages the development and preservation of affordable and multifamily housing; that includes owner relief programs and an approach to transition that insures low- and moderate-income owners have affordable tax bills and that primary residents are not displaced from their homes; and that does not diminish revenue for the city of New York.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes commission to reform NYC property tax for fairness, eliminates inequality, and provides relief to low/moderate-income owners. This aligns with tax relief and equitable tax system support.95% confidence ✓ HousingSupports HousingBill explicitly aims to promote affordable housing development through tax reform and owner relief for low-income residents, directly addressing housing affordability goals.95% confidence

Sub-Topics Property Tax Property Development Property Taxes

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in committee · New York · Senate Jan 7, 2026

S 5548: Relates to redetermination of a tax abatement for rent-controlled and rent regulated property occupied by senior citizens or persons with disabilities

Permits a redetermination of a tax abatement for rent-controlled and rent regulated property occupied by senior citizens or persons with disabilities upon a permanent decrease in income.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief via abatement redetermination for seniors/disabled with permanent income decrease, targeting lower-income groups.90% confidence ✓ HousingSupports HousingBill adjusts tax abatements for rent-controlled properties when tenant income decreases, maintaining affordability for seniors/disabled tenants in existing housing.90% confidence

Sub-Topics Tax Incentives Property Taxes Renters

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in committee · New York · Assembly May 20, 2026

A 6032: Relates to enhanced eligibility requirements of STAR

This bill changes New York's STAR property tax relief program for seniors. It allows seniors whose income decreases due to retirement or the death of a spouse to use their *next* year's income (instead of their current year's income) when determining eligibility for the enhanced STAR exemption. To qualify, seniors must file their income tax return for that later year (or provide other income documentation) with the local assessor by the tax deadline. This adjustment helps seniors who experience a temporary income drop after retirement maintain their property tax relief without immediate loss of benefits.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands property tax relief eligibility for seniors by allowing next year's income calculation, reducing tax burden on lower-income seniors through enhanced STAR program.95% confidence ✓ HousingSupports HousingBill adjusts STAR tax relief eligibility for seniors, reducing property tax burden and increasing housing affordability for senior homeowners through income flexibility.65% confidence

Sub-Topics Income Tax Property Tax Property Taxes

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signed · New York · Senate Feb 14, 2025

S 803: Authorizes a town with a population between 69,000 and 69,500 to enact a homestead exemption

This bill allows any town in New York with a 2020 census population between 69,000 and 69,500 to create a homestead exemption for real property taxes. It enables qualifying towns to offer an exemption similar to the existing STAR school tax relief program, capping the exemption at $50,000 in property value. Property owners must apply annually using a standard form, and the exemption applies only to eligible homes meeting the same criteria as STAR. This directly affects homeowners in qualifying towns by potentially reducing their local property tax burden.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnables homestead tax exemption capping at $50k, providing property tax relief for homeowners similar to STAR program, directly advancing tax relief for residents.95% confidence ✓ EducationSupports EducationBill authorizes homestead exemption modeled after STAR school tax relief program, directly reducing school tax burdens on homeowners to support local school funding systems.95% confidence ✓ HousingSupports HousingProvides property tax relief for homeowners, reducing housing costs and supporting affordability through a homestead exemption similar to STAR program.95% confidence

Sub-Topics Property Tax Property Taxes

in committee · New York · Assembly Feb 5, 2025

A 2436: Authorizes a town with a population between 69,000 and 69,500 to enact a homestead exemption

This bill authorizes the town of Southampton (with a 2020 census population between 69,000 and 69,500) to create a homestead property tax exemption for residents. It allows eligible homeowners to reduce their local property tax bill by up to $50,000 in assessed value, using the same eligibility rules as the existing STAR school tax relief program. The exemption requires property owners to apply annually through a town-assessor process. It does not change tax rates but provides a targeted break for qualifying homeowners in this specific town.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax relief for homeowners via homestead exemption, reducing taxable value by up to $50k without changing tax rates.90% confidence ✓ HousingSupports HousingProvides property tax relief reducing costs for homeowners, increasing affordability via tax exemption modeled on existing STAR program rules.95% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes

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