Bill > S01419

This bill proposes a constitutional amendment to modify the existing tax exemption rules for private higher education institutions in New York. Currently, the state constitution provides broad protections against altering tax exemptions for properties used exclusively for religious, educational, or charitable purposes. The proposed amendment would specifically create an exception that would allow the legislature to alter or repeal tax exemptions for real property owned by private institutions of higher education. This means that while tax exemptions for religious and charitable organizations would remain protected, private colleges and universities could potentially have their property tax exemptions changed or eliminated through general laws. The amendment would require referral to the first regular legislative session after the next general election of assembly members and must be published for three months prior to that election, following the state constitution's amendment procedures.

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https://www.nysenate.gov/legislation/bills/2025/S1419