Budget & Taxes (Property Tax)

in committee · New York · Senate Jun 4, 2026

S 10273: Relates to the determination of adjusted base proportions in special assessing units which are cities

This bill directs city special assessing units to calculate their 2027 real property tax base proportions by limiting annual increases to a maximum of five percent. Local legislative bodies must finalize these calculations by December 1, 2026, and may need to issue amended tax bills if assessments were already sent out. The law ensures that any increase in tax rates for the upcoming fiscal year remains within this five percent cap while protecting taxpayers from paying on installments due before the new rules take effect.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill caps annual real property tax base increases at 5%, limiting government spending growth and restricting tax revenue expansion.85% confidence

Sub-Topics Property Tax

Track

in committee · New York · Assembly May 20, 2026

A 11039: Allows the alteration or repeal of real property tax exemptions for private institutions of higher education

This bill proposes to amend the state constitution to allow the legislature to change or remove tax exemptions for real property owned by private colleges and universities. Currently, the constitution protects tax exemptions for religious, educational, and charitable organizations, but this measure would create a specific exception for private higher education institutions. If passed, the government would gain the authority to alter or end these tax breaks, whereas other non-profit entities would retain their protected status. The bill requires publication and a public vote in a future election before it can take effect.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill removes tax exemptions for private institutions, increasing their tax burden and reducing fiscal relief for educational entities.90% confidence ✗ EducationOpposes EducationBill allows removal of tax exemptions for private higher education, effectively reducing financial resources for these institutions.90% confidence

Sub-Topics Property Tax Higher Education

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in committee · New York · Assembly Jun 4, 2026

A 11265: Authorizes Simcray Holdings, LLC. to receive retroactive real property tax exempt status

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.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill grants retroactive tax exemptions to a specific LLC, reducing state revenue and weakening fiscal management.85% confidence

Sub-Topics Property Tax

Track

in committee · New York · Senate Jun 3, 2026

S 9972: Authorizes Simcray Holdings, LLC. to receive retroactive real property tax exempt status

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.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill grants retroactive tax exemptions to a specific entity, reducing state revenue and weakening fiscal accountability.85% confidence

Sub-Topics Property Tax Tax Incentives

Track

in committee · New York · Assembly May 27, 2026

A 10257: Authorizes Hachaim Veshalom to file an application for a retroactive real property tax exemption with the county of Nassau assessor

This bill authorizes Hachaim Veshalom, a not-for-profit corporation, to apply for a retroactive real property tax exemption for two specific parcels (734 Woodfield Road, West Hempstead) on Nassau County tax rolls covering 2022-2023 school and general tax assessments. If approved by the Nassau County assessor and legislature, the exemption would apply retroactively, allowing the organization to receive refunds for taxes paid on those parcels during those years. The bill specifically enables the county assessor to accept this late application as if it were filed by the original deadline. This is a procedural exception for one organization, not a change to general tax law.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill grants retroactive tax exemption, reducing Nassau County revenue, weakening budget through reduced tax collection.85% confidence

Sub-Topics Property Tax Tax Incentives

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passed both · New York · Assembly Jun 4, 2026

A 10184: Limiting the shift between classes of taxable property in the town of Haverstraw, county of Rockland

This bill limits annual changes to property tax class rates in Haverstraw, New York, for 2026-2027. It prohibits any single property tax class from increasing its tax base proportion by more than 1% compared to the previous year's adjusted rate. The town must first pass a local law approving this limit, and if calculations would exceed the 1% threshold, the town's governing body must adjust class proportions to maintain a total of 100%. This directly affects Haverstraw property owners whose tax classifications might otherwise shift significantly year-to-year.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill restricts annual property tax class rate increases to 1%, limiting tax base changes per class, directly restricting tax rate adjustments.90% confidence

Sub-Topics Property Tax

Track

passed both · New York · Assembly May 14, 2026

A 9570: Relates to the clergy property tax exemption

Permits local governments to extend the existing clergy residential property tax exemption to include clergy residing in co-ops; clarifies that the clergy property tax exemption shall not affect eligibility for certain other tax abatements.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill grants tax exemption for clergy property, reducing state tax revenue and limiting government tax collection efforts.90% confidence

Sub-Topics Property Tax Tax Incentives

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signed · New York · Senate Aug 21, 2026

S 7604: Authorizes the town of Smithtown assessor to accept an application for a real property tax exemption from Tiegerman Community Services, Inc.

Authorizes the town of Smithtown assessor to accept an application for a real property tax exemption from Tiegerman Community Services, Inc. for the 2023-2024 assessment rolls.

Topics ✗ Budget & TaxesOpposes Budget & TaxesGrants real property tax exemption, reducing local tax revenue for a specific entity, directly limiting government tax collection under Budget & Taxes.85% confidence

Sub-Topics Property Tax Tax Incentives

in committee · New York · Senate Jan 7, 2026

S 5673: Relates to real property subject to an authorization for a real property tax exemption

Relates to real property subject to an authorization for a real property tax exemption in the town of Smithtown, county of Suffolk, with respect to the 2019 and 2020 assessment rolls.

Topics ✗ Budget & TaxesOpposes Budget & TaxesAuthorizes property tax exemption, reducing municipal tax revenue and weakening local fiscal management for Smithtown.90% confidence

Sub-Topics Property Tax Tax Incentives

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signed · New York · Senate Oct 16, 2025

S 8161: Authorizes Yeshivas Nachlas Sofrim to receive retroactive real property tax exempt status

This bill allows Yeshivas Nachlas Sofrim Inc. to apply for retroactive property tax exemption on its Ramapo, New York property (66 Highview Road) for 2022-2023 tax years. If approved by the town assessor and Ramapo Town Board, the organization can receive refunds for taxes paid on those years, including cancellation of related penalties or interest. The bill authorizes the town to treat the application as if filed on time, correcting past tax rolls. It directly affects only this specific religious institution and its property tax obligations for the 2022-2023 assessment period.

Topics ✗ Budget & TaxesOpposes Budget & TaxesGrants retroactive property tax exemption, reducing town revenue for a specific entity, weakening budgetary resources by defunding collected taxes.85% confidence

Sub-Topics Property Tax Tax Incentives