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Current status of property tax-related legislation

Passed both houses in 2024

Current Status as of April 23, 2024

Count = 4

To view the text of a bill, visit New York State Legislature. (To search, enter the bill number without the period, for example, X1234-x.)

To view prior years bill status, see Real property tax legislation summaries.

Budget bills
Subject of legislation Bill number Prime sponsor Last action of legislature Status

Budget Bill: Includes provisions relating to return of tax foreclosure surplus to property owners (See Part BB) and the New York State Judicial Security Act (Part F)

S.8305-C Budget Bill Passed Senate 04/18

Signed 4/23

Ch. 55

A.8805-C Budget Bill Passed Assembly 04/18

Budget Bill: Includes a provision relating to a searchable database for local authority subsidies and economic development benefits (See Part SS, Subpart A)

S.8308-C Budget Bill Passed Senate 04/18

Signed 4/23

Ch. 58

A.8308-C Budget Bill Passed Assembly 04/18

Budget Bill: Includes provisions related to the Affordable Housing from Commercial Conversion Tax Incentive Benefits (AHCC) program (See Part R), Extending the project completion deadline for vested projects in Real Property Tax Law 421-a (See Part T), the Affordable Neighborhoods for New Yorkers Tax Incentive (ANNY) program (See Part U), multiple dwellings exemption outside New York City (See Part EE), accessory dwelling capital improvements exemption (See Part GG) and Real Property Tax Law 421-a Audits (See Part JJ), New York Housing for the Future Homeownership and Rental Housing Programs (See Part KK) 

S.8306-C Budget Bill Passed Senate 04/19

Signed 4/20

Ch. 56

A.8806-C Budget Bill Passed Assembly 04/19

RPT related bills
Subject of legislation Bill number Prime sponsor Last action of legislature Status
Exemption, disabled; allows municipalities to establish an adjustment percentage for permanent partial disabilities (Amendment to Chapter 757 of 2022) S.8088 Gounardes Passed Senate  1/23

Signed 1/26        Ch. 6

A.8532 Septimo Passed Assembly 1/23

 

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