Bill > S03726

This bill amends the New York tax law to exempt hospitals from the metropolitan commuter transportation mobility tax (MCTMT). Specifically, the bill modifies section 800 of the tax law by adding hospitals, as defined in article twenty-eight of the public health law, to the list of entities that are exempt from this tax. The MCTMT is a payroll tax imposed on employers and self-employed individuals in certain metropolitan counties to help fund public transportation. Previously, the tax exemption applied to entities like interstate agencies, public corporations, and eligible educational institutions. By adding hospitals to this list, the bill will reduce the tax burden on healthcare institutions in the specified region. The change will take effect on the first day of April following the bill becoming law, providing immediate tax relief for hospitals once implemented.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S3726