S T A T E O F N E W Y O R K
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11692
I N A S S E M B L Y
September 2, 2026
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Introduced by COMMITTEE ON RULES -- (at request of M. of A. Yeger) --
read once and referred to the Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to providing an
owner of real property exempt from taxation time to re-apply for such
exemption if such exemption was not renewed
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The real property tax law is amended by adding a new
section 498 to read as follows:
§ 498. TIME FOR RE-APPLICATION FOR EXEMPTION. THE OWNER OF ANY REAL
PROPERTY EXEMPT FROM TAXATION MAY RE-APPLY FOR SUCH EXEMPTION WITHIN
THIRTY DAYS OF RECEIVING A PROPERTY TAX BILL FOR A NEW FISCAL YEAR IF
SUCH EXEMPTION WAS REQUIRED TO BE RENEWED AND WAS NOT RENEWED. ELIGI-
BILITY SHALL BE DETERMINED AS IF THE RENEWAL APPLICATION WAS TIMELY
SUBMITTED.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD16268-02-6