Bill > S01575

This bill provides a comprehensive revision to real property tax exemptions for non-profit organizations in New York, establishing stricter criteria for tax-exempt status. The bill requires that organizations seeking property tax exemptions must demonstrate that their property is used exclusively for specific exempt purposes, such as hospital, educational, religious, charitable, or moral improvement. For many categories of exemption, the organization must prove that each acre of property is actively used for its exempt purpose at least 120 days per year. The bill provides detailed definitions for terms like "educational purpose," "charitable purposes," and "moral or mental improvement," specifying precise conditions under which properties can qualify for tax exemption. Additionally, the bill introduces a state aid mechanism that allows taxing districts to potentially receive compensation for property tax revenue lost due to exemptions, particularly for certain types of non-profit properties. The new provisions aim to ensure that tax-exempt properties are genuinely and substantially used for their claimed charitable, educational, or other public benefit purposes, rather than being only nominally dedicated to such uses. The bill will take effect on the first day of January following its passage and will apply to assessment rolls prepared on or after that date.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S1575