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S 957 New York Senate · 2025 Regular Session

Discontinues certain real property tax exemptions for real property used for major league sports teams

Summary
Discontinues the real property tax exemption for certain real property that is used for home games for certain professional sports teams in New York city beginning with the 2026 assessment roll.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill ends tax exemption for NYC sports teams, increasing state revenue by closing a tax loophole, aligning with fiscal responsibility and budget strengthening.92% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2025 Last action Jan 7, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO LOCAL GOVERNMENT
upper
Jan 8, 2025
Committee
REFERRED TO LOCAL GOVERNMENT
upper
1 primary · 10 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Brian Kavanagh
Brian Kavanagh
DDemocratic
NY
27
Co
Photo of Andrew Gounardes
Andrew Gounardes
DDemocratic
NY
26
Co
Photo of Brad Hoylman-Sigal
Brad Hoylman-Sigal
DDemocratic/Working Families
NY
47
Co
Photo of Cordell Cleare
Cordell Cleare
DDemocratic
NY
30
Co
Photo of Gustavo Rivera
Gustavo Rivera
DDemocratic/Working Families
NY
33
Co
Photo of Jabari Brisport
Jabari Brisport
DDemocratic/Working Families
NY
25
Co
Photo of Jessica Ramos
Jessica Ramos
DDemocratic/Working Families
NY
13
Co
Photo of Julia Salazar
Julia Salazar
DDemocratic/Working Families
NY
18
Co
Photo of Kristen Gonzalez
Kristen Gonzalez
DDemocratic/Working Families
NY
59
Co
Photo of Liz Krueger
Liz Krueger
DDemocratic/Working Families
NY
28
Co
Photo of Robert Jackson
Robert Jackson
DDemocratic/Working Families
NY
31