Loading chat...

NY A03878

Bill

Official Source

Status

Introduced

1/30/2025

Primary Sponsor

Jaime Williams

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Authorizes counties, cities, towns, villages, and school districts to grant property tax exemptions of up to 50% of assessed value for licensed child day care facilities
  • Requires passage of a local law (by municipalities) or resolution (by school districts) to enable the exemption
  • Permits local legislative bodies to set the exemption percentage at less than 50% if desired
  • Exemption applies to real property owned by corporations or individuals operating licensed child day cares
  • Exemption terminates immediately if the property ceases to be used as a child day care

Legislative Description

Allows localities to grant an exemption from real property taxation for child day cares of up to 50% of the assessed value of such property.

Last Action

referred to ways and means

1/7/2026

Committee Referrals

Ways and Means2/25/2025
Real Property Taxation1/30/2025

Full Bill Text

No bill text available