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Bill > A00898
NY A00898
NY A00898Allows the alteration or repeal of real property tax exemptions for private institutions of higher education.
summary
Introduced
01/08/2025
01/08/2025
In Committee
01/29/2025
01/29/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY proposing an amendment to section 1 of article 16 of the constitution, in relation to real property tax exemptions for educational institutions
AI Summary
This bill proposes a constitutional amendment to modify the existing tax exemption provisions for private institutions of higher education in New York State. Currently, the state constitution provides broad tax exemptions for properties used exclusively for religious, educational, or charitable purposes, which cannot be easily altered. The proposed amendment would specifically allow the legislature to alter or repeal tax exemptions for real or personal property owned by private higher education institutions, creating an exception to the current blanket protection. This means that lawmakers would have more flexibility to adjust or remove tax exemptions for private colleges and universities, potentially enabling local governments to collect property taxes from these institutions. The bill follows a standard constitutional amendment process, which requires the proposed change to be referred to the first regular legislative session after the next general election and published for three months prior to that election, ensuring public awareness and democratic review of the proposed constitutional change.
Committee Categories
Budget and Finance, Justice
Sponsors (12)
Zohran Mamdani (D)*,
Rodneyse Bichotte Hermelyn (D),
Harvey Epstein (D),
Emily Gallagher (D),
Jessica González-Rojas (D),
Ron Kim (D),
Grace Lee (D),
Marcela Mitaynes (D),
Karines Reyes (D),
Sarahana Shrestha (D),
Phara Souffrant Forrest (D),
Claire Valdez (D),
Last Action
opinion referred to judiciary (on 01/29/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A898 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A00898&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A00898 |
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