New York Senate Bill 8548: Relates to the payment of property taxes to municipalities by any nonprofit organization; requires nonprofit organizations that would typically be exempt from property taxes based on nonprofit status to pay 75 percent of its annual property taxes to the municipality in which it sits in order to offset the impact of the exemption.

New York · 2025-2026 session

What it does

Relates to the payment of property taxes to municipalities by any nonprofit organization; requires nonprofit organizations that would typically be exempt from property taxes based on nonprofit status to pay 75 percent of its annual property taxes to the municipality in which it sits in order to offset the impact of the exemption.

Latest action

REFERRED TO LOCAL GOVERNMENT (2026-01-07)

See how S 8548 affects you on CapitolKey

Browse more bills · CapitolKey home