Bill > S03115

This bill allows cities and towns to pass a local law or resolution, subject to permissive referendum (a process where citizens can challenge a law by collecting signatures to force a public vote), to provide a property tax exemption for privately-owned airports that are open to the public. The exemption would apply specifically to airport improvements such as landing surfaces, takeoff and landing areas, aircraft parking spaces, air navigation and communications facilities, and passenger terminals that are freely accessible to the public. The percentage of the tax exemption would be determined by the local governing body in their law or resolution. Importantly, the bill specifies that the exemption does not apply to land used for crop production or other airport areas that generate income. The proposed law aims to provide financial relief to privately-owned airports that serve the public interest by maintaining open and accessible flight facilities. The bill would take effect on the first day of January following its enactment.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S3115