New York policy
S7212: Authorizes cities having a population of one million or more to provide a rebate of a portion of the real property taxes on owner occupied residential real property
NY Senate · Sponsor Andrew J. Lanza
- Jurisdiction
- New York State
- Applies to
- New York State (proposed)
- Effective
- January 7, 2026
What it requires
Authorizes cities having a population of one million or more to provide a rebate during a specified city fiscal year of a portion of the real property taxes on owner occupied 1, 2, 3, 4, 5 or 6 family residential real property, or residential real property held in the condominium or cooperative form of ownership.
ny-statesenatelegislationbill
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