New York 2025-2026 Regular Session

New York Senate Bill S07091

Introduced
4/1/25  

Caption

Directs a city with a population of one million or more to reduce its real property tax levy for the 2026 fiscal year by an amount not less than the real property tax increase authorized pursuant to local law 40 of the city of New York for the year 2002.

Companion Bills

No companion bills found.

Previously Filed As

NY S04767

Directs a city with a population of one million or more to reduce its real property tax levy for the 2024 fiscal year by an amount not less than the real property tax increase authorized pursuant to local law 40 of the city of New York for the year 2002.

NY S04095

Limits, in cities having a population of one million or more, the annual increase in real property taxes.

NY S07685

Adjusts the school tax relief (STAR) exemption for homes located outside a city with a population greater than one million for the 2024--2025 school years and thereafter (Part A); relates to a real property tax freeze to reimburse qualifying homeowners for increases in local property taxes on their primary residences (Part B); provides for supplemental state assistance to be paid to cities, counties, towns and villages that are compliant with the property tax levy limits (Part C).

NY A08313

Adjusts the school tax relief (STAR) exemption for homes located outside a city with a population greater than one million for the 2024--2025 school years and thereafter (Part A); relates to a real property tax freeze to reimburse qualifying homeowners for increases in local property taxes on their primary residences (Part B); provides for supplemental state assistance to be paid to cities, counties, towns and villages that are compliant with the property tax levy limits (Part C).

NY S05997

Authorizes cities having a population of one million or more to provide a rebate during a specified city fiscal year of a portion of the real property taxes on owner occupied 1, 2, 3, 4, 5 or 6 family residential real property, or residential real property held in the condominium or cooperative form of ownership.

NY S01088

Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year; applies only to class one and class two properties.

NY A01379

Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year; applies only to class one and class two properties.

NY S00335

Exempts certain low income housing accommodations from local real property taxation in a city with a population of one million or more.

NY A02926

Directs any moneys derived from new or increased taxes be used to reduce local real property taxes.

NY S05306

Directs any moneys derived from new or increased taxes be used to reduce local real property taxes.

Similar Bills

No similar bills found.