Bill > S03713

This bill amends the New York tax law to exempt institutions of higher education from the metropolitan commuter transportation mobility tax (MCTMT). Specifically, the bill modifies the definition of "eligible educational institution" in section 800 of the tax law to explicitly include "any institution providing higher education or career education" as defined in section two of the education law. Currently, the law already includes various educational entities like public school districts, elementary and secondary schools, and public libraries, but this amendment clarifies and expands the tax exemption to specifically cover higher education institutions. The metropolitan commuter transportation mobility tax is a payroll tax imposed on employers in the Metropolitan Commuter Transportation District, which includes New York City and surrounding counties. By exempting higher education institutions from this tax, the bill aims to reduce the financial burden on colleges and universities. The bill will take effect on the first day of July following its enactment.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S3713