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Bill > S01392


NY S01392

NY S01392
Requires the state to reimburse municipalities for loss of real property tax revenue resulting from the establishment of community residential facilities for the disabled.


summary

Introduced
01/09/2025
In Committee
01/09/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the mental hygiene law, in relation to requiring the state to reimburse municipalities for loss of real property tax revenue resulting from establishment of community residential facilities

AI Summary

This bill amends the New York State Mental Hygiene Law by requiring the state comptroller to reimburse municipalities for lost real property tax revenue when a community residential facility for disabled individuals is established by a sponsoring agency. Community residential facilities are specialized housing arrangements that provide support and living spaces for people with disabilities, allowing them to live more independently. Currently, such facilities can reduce a municipality's tax base because these properties may be exempt from full property taxation. By mandating state reimbursement, the bill aims to offset the potential financial burden on local governments when these important residential facilities are created. The proposed amendment would ensure that municipalities do not experience a net financial loss when supporting community-based housing for disabled residents, which could potentially encourage more such facilities to be established. The bill would take effect immediately upon passage.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

REFERRED TO MENTAL HEALTH (on 01/09/2025)

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