Do you support this bill?

Senate Bill S1053

2025-2026 Legislative Session

Repeals the tax exempt status of private universities that receive real property tax exemptions of one hundred million dollars or more

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Local Government Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

co-Sponsors

2025-S1053 (ACTIVE) - Details

See Assembly Version of this Bill:
A2130
Current Committee:
Senate Local Government
Law Section:
Real Property Tax Law
Laws Affected:
Amd §420-a, RPT L
Versions Introduced in 2023-2024 Legislative Session:
S7798, A8479

2025-S1053 (ACTIVE) - Summary

Repeals the tax exempt status of private universities that received real property tax exemptions of one hundred million dollars or more during the prior fiscal year.

2025-S1053 (ACTIVE) - Sponsor Memo

2025-S1053 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1053
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 8, 2025
                                ___________
 
 Introduced  by  Sens.  LIU,  BRISPORT, CLEARE, SALAZAR -- read twice and
   ordered printed, and when printed to be committed to the Committee  on
   Local Government
 
 AN  ACT to amend the real property tax law, in relation to repealing the
   tax exempt status of  educational  institutions  costing  one  hundred
   million dollars or more a year in real property tax exemptions
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 1 of section 420-a of the real property tax law
 is amended by adding a new paragraph (c) to read as follows:
   (C) (I) REAL PROPERTY OWNED BY A CORPORATION OR ASSOCIATION  ORGANIZED
 OR  CONDUCTED  EXCLUSIVELY  FOR EDUCATIONAL PURPOSES, AND WHICH HAS BEEN
 USED EXCLUSIVELY FOR EDUCATIONAL PURPOSES,  SHALL  NOT  BE  EXEMPT  FROM
 TAXATION  PURSUANT TO PARAGRAPH (A) OF THIS SUBDIVISION IF THE AMOUNT OF
 REAL PROPERTY TAXES EXEMPTED FOR SUCH PROPERTY DURING THE  PRIOR  FISCAL
 YEAR COSTS ONE HUNDRED MILLION DOLLARS OR MORE.
   (II)  MONEYS  FROM  PROPERTY TAXES IMPOSED ON PRIVATE HIGHER EDUCATION
 FACILITIES PURSUANT TO SUBPARAGRAPH (I) OF THIS PARAGRAPH SHALL BE  USED
 FOR  THE  CITY  UNIVERSITY  OF  NEW  YORK, AS ESTABLISHED BY ARTICLE ONE
 HUNDRED TWENTY-FIVE OF THE EDUCATION LAW.
   (III) MONEYS RECEIVED PURSUANT TO SUBPARAGRAPH (I) OF  THIS  PARAGRAPH
 SHALL SUPPLEMENT ANNUAL STATE FUNDING TO THE CITY UNIVERSITY OF NEW YORK
 AND  THE  GOVERNOR  SHALL NOT REDUCE OTHER STATE FUNDING ACCOUNTS TO THE
 CITY UNIVERSITY OF NEW YORK IN RESPONSE TO MONEYS RECEIVED  PURSUANT  TO
 SUBPARAGRAPH (I) OF THIS PARAGRAPH.
   §  2.  This  act  shall  take  effect on the same date as a concurrent
 resolution amending the constitution, entitled "CONCURRENT RESOLUTION OF
 THE SENATE AND ASSEMBLY proposing an amendment to section 1  of  article
 16  of the constitution, in relation to real property tax exemptions for
 educational institutions", takes effect.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.