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NY A00898

Bill

Official Source

Status

Introduced

1/8/2025

Primary Sponsor

Zohran Kwame Mamdani

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Proposes a constitutional amendment to Article 16, Section 1 of the New York State Constitution regarding real property tax exemptions
  • Currently, tax exemptions for property used exclusively for religious, educational, or charitable purposes by non-profit organizations cannot be altered or repealed
  • Creates an exception allowing the state to alter or repeal tax exemptions specifically for real or personal property used by private institutions of higher education
  • Requires passage by two consecutive legislative sessions and voter approval at a general election, with 3 months of publication before the vote
  • Sponsored by Assembly Members Mamdani, Epstein, Gallagher, Shrestha, Forrest, Lee, Kim, Mitaynes, Bichotte Hermelyn, Gonzalez-Rojas, and Reyes

Legislative Description

Allows the alteration or repeal of real property tax exemptions for private institutions of higher education.

Last Action

enacting clause stricken

1/5/2026

Committee Referrals

Judiciary1/29/2025
Real Property Taxation1/8/2025

Full Bill Text

No bill text available