Bill > S00389

This bill amends the New York tax law to allow towns to create a local exemption from real estate transfer tax for conveyances (property transfers) to food relief organizations. A "food relief organization" is defined as a religious organization or a tax-exempt, not-for-profit corporation that provides free food to people experiencing food insecurity. This includes entities like food pantries, food banks, and soup kitchens. By enabling towns to create this tax exemption, the bill aims to support organizations that help address hunger and food access challenges in their communities. The bill would take effect immediately, and the amendment to the tax law would be considered repealed when the original section of law is set to expire. This legislation provides local governments with the option to reduce financial barriers for organizations working to combat food insecurity by eliminating transfer taxes when they acquire property for food relief purposes.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S389