Bill > S04712

This bill amends the New York tax law to create a sales tax exemption specifically for athletic clubs that are located on municipal parkland, with a precise condition that at least 95% of their membership dues must be spent on improving, maintaining, or operating athletic activities that occur exclusively on that municipal parkland. The legislation provides a clear, narrowly defined tax benefit for athletic clubs that substantially reinvest their membership revenue into the upkeep and activities of facilities situated on public park grounds. By setting a high threshold of 95% spending on-site activities, the bill ensures that the tax exemption is only granted to clubs that are deeply committed to maintaining and enhancing their municipal parkland facilities. The bill would take effect immediately upon passage, allowing eligible athletic clubs to benefit from the sales tax exemption right away.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S4712