Budget & Taxes (Property Tax)

in committee · New York · Senate Jan 7, 2026

S 957: Discontinues certain real property tax exemptions for real property used for major league sports teams

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.

Topics ✓ 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

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 3054: Increases the income thresholds for eligibility for the senior citizen and disabled person property tax exemptions

Increases the income thresholds for eligibility for the senior citizen and disabled person property tax exemptions; applies to any local law, resolution or ordinance amended or adopted on and after the effective date of this act.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax relief for seniors/disabled by raising income thresholds for property tax exemptions, directly advancing tax relief for lower-income groups.95% confidence ✓ HousingSupports HousingIncreases property tax exemption thresholds for seniors/disabled, reducing housing costs for vulnerable groups and supporting housing affordability.85% confidence

Sub-Topics Property Tax Property Taxes

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in committee · New York · Assembly Jan 7, 2026

A 3199: Relates to exemptions available to veterans

Relates to exemptions available to veterans; requires school districts to provide the veterans alternative exemption; establishes that costs associated with such exemption shall be borne by the state.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires state to fund veterans' property tax exemptions, increasing state budget expenditure.95% confidence ✓ VeteransSupports VeteransBill mandates school districts provide veterans exemptions with state-funded costs, expanding access to benefits and directly supporting veterans' services.95% confidence

Sub-Topics Property Tax Veteran Education

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in committee · New York · Assembly Jan 7, 2026

A 7160: 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 officers, a direct tax relief measure aligning with budget/tax support indicators.90% confidence ✓ Criminal JusticeSupports Criminal JusticeBill provides financial incentives (salary credits, tax credits, student loan forgiveness) for police officers, strengthening law enforcement recruitment and retention within criminal justice system.90% confidence

Sub-Topics Property Tax Policing

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in committee · New York · Assembly Jan 7, 2026

A 7735: Relates to allowing municipalities to accept retroactive applications for real property tax exemptions from certain veterans

This bill allows New York municipalities to accept retroactive applications for real property tax exemptions from veterans who already qualify but missed the original filing deadline. It directly affects veterans who were eligible for exemptions but didn’t submit applications by the required taxable status date. The key provision lets local governments (after public hearings) permit veterans to apply retroactively for up to three years of missed exemptions, provided they would have qualified if they’d filed on time. The law amends tax code sections to enable this process without requiring new eligibility reviews.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllows retroactive real property tax exemptions for veterans, providing direct tax relief to eligible individuals and reducing municipal tax revenue collection.95% confidence ✓ VeteransSupports VeteransAllows retroactive tax exemption applications for eligible veterans, restoring missed benefits and expanding access to existing financial support.95% confidence

Sub-Topics Property Tax

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in committee · New York · Assembly Jan 7, 2026

A 7569: Provides for a real property tax exemption for certain residential properties with accessory dwelling units occupied by households in need in Suffolk county

Provides for a real property tax exemption for certain residential properties with accessory dwelling units occupied by households in need in Suffolk county when the owner of the property resides in the primary building on the property and certain other conditions are met pertaining to the percentage of the total assessment of the property, the income of the tenants of the accessory dwelling unit or units, and the amount of the rent for the accessory dwelling unit.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for ADU owners with low-income tenants, reducing property tax burden for qualifying households in need.95% confidence ✓ HousingSupports HousingTax exemption for ADUs occupied by low-income households increases affordable housing supply by incentivizing property owners to provide affordable units under income/rent conditions.90% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes Renters Zoning

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died · New York · Senate Jun 3, 2026

S 537: Authorizes the county of Nassau assessor to accept an application for a real property tax exemption from Gurdwara Guru Tegh Bahadur Sahib, Inc.

Authorizes the county of Nassau assessor to accept an application for a real property tax exemption from Gurdwara Guru Tegh Bahadur Sahib, Inc. for all of the 2023 general taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes tax exemption for religious property, providing direct tax relief per tax policy focus.95% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Senate Jan 7, 2026

S 609: Relates to allowing municipalities to accept retroactive applications for real property tax exemptions from certain veterans

This bill allows municipalities (cities, towns, or villages) to accept retroactive applications for property tax exemptions from veterans who already qualify but missed the original filing deadline. It permits local governments to create rules letting veterans apply for past exemptions, provided they would have qualified if they applied by the tax filing date and the application covers only the three years before the current filing date. Municipalities must hold a public hearing before adopting such rules. The policy directly affects veterans who were eligible for property tax exemptions but didn't file on time, enabling them to potentially reclaim tax payments for up to three prior years.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides retroactive property tax exemptions for veterans, reducing their tax burden and aligning with tax relief support for qualifying individuals.90% confidence ✓ VeteransSupports VeteransAllows retroactive property tax exemptions for qualifying veterans, expanding access to existing benefits they missed due to deadline errors.95% confidence

Sub-Topics Property Tax Veteran Benefits Veteran Housing

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in committee · New York · Assembly Jan 7, 2026

A 3701: Relates to classifying certain property held in cooperative form as class one properties for assessment purposes

This bill amends New York's property tax law to include specific cooperative and condominium properties in the "class one" tax category, which typically has lower tax rates than other property classes. It adds two new categories: condominiums that are owner-occupied (with no prior non-condominium classification) and cooperative properties that were part of pre-1940 bungalow colonies maintained solely for owner-occupant use. These properties will now qualify for class one assessment instead of being excluded, potentially reducing their tax burden. The change directly affects residential property owners in qualifying cooperative buildings and condominiums meeting the specified conditions. It does not alter tax rates but adjusts eligibility for the lower-rate classification.

Topics ✓ Budget & TaxesSupports Budget & TaxesClassifies specific properties under lower tax category (class one), providing tax relief to owner-occupants of co-ops and condos, aligning with tax relief indicators.90% confidence ✓ HousingSupports HousingBill lowers property taxes for owner-occupied co-ops and condos, reducing costs for owners and supporting housing affordability for these specific properties.85% confidence

Sub-Topics Property Tax Homeownership Property Taxes

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in committee · New York · Assembly Jan 7, 2026

A 1769: Relates to maintaining a database of vacant residential housing units, imposing a real property tax on such vacant units, and funding affordable housing development

Directs the commissioner of housing and community renewal to create and maintain a database of vacant residential housing units, and to create an affordable housing development program; imposes a tax on vacant residential housing units; creates an affordable housing development program fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes tax on vacant properties to fund affordable housing development, directly advancing fiscal management through dedicated program funding.90% confidence ✓ HousingSupports HousingImposes tax on vacant units to fund affordable housing development program, directly advancing housing affordability through dedicated funding.95% confidence

Sub-Topics Property Tax Affordable Housing Housing Finance Property Taxes

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