S8653 (2025-26 session)

NY State bill

Creates a vacant property classification for vacant and blighted properties; allows for cities with a population of one million or more to levy an additional real property tax on vacant and blighted properties with funds raised from such taxes being used to address homelessness.

Title
Creates a vacant property classification
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-01-07
In committee
Local Government
Introduced
2026-01-07
Law section
Real Property Tax Law

Sponsors

Sources