S1091 (2025-26 session)

NY State bill

Establishes a rent increase exemption for certain nonprofit organizations; provides a tax abatement for limiting rent increases on nonprofit organizations in a city of one million or more persons.

Title
Establishes a rent increase exemption for certain nonprofit organizations
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-01-07
In committee
Cities 1
Introduced
2025-01-08
Law section
Real Property Tax Law

Sponsors

Heard in committee

Sources