A 11265 New York Assembly · 2025 Regular Session

Authorizes Simcray Holdings, LLC. to receive retroactive real property tax exempt status

Summary

Authorizes Simcray Holdings, LLC. to receive retroactive real property tax exempt status for the 2023, 2024 and 2025 assessment rolls and all of the 2023-2024, 2024-2025 and 2025-2026 school taxes.

Issues: ✗ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

May 2026

Committee Review

Floor Vote

Governor

Introduced May 4, 2026 Last action Jun 4, 2026

Maddy AI version diff · 1 comparison

What changed between versions

A11265 → A11265A · 1 edit

MINOR

The bill was amended to include specific legal citations (sections 420-a and 462 of the real property tax law) that were missing from the original version. This addition clarifies the specific legal authority under which the retroactive tax exemption for Simcray Holdings, LLC. is being granted.

Scope change

The scope of the bill's legal authority was clarified by explicitly referencing the relevant sections of the real property tax law, though the practical outcome regarding the tax exemption remains the same.

TECHNICAL

Added specific references to 'section 420-a and section 462 of the real property tax law' to define the legal basis for the tax exemption.

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jun 4, 2026

Lower · Passed

PRINT NUMBER 11265A

lower

Jun 4, 2026

Lower · Passed

AMEND AND RECOMMIT TO REAL PROPERTY TAXATION

lower

May 4, 2026

Committee

REFERRED TO REAL PROPERTY TAXATION

lower

1 primary · 0 co-sponsors