New York - Session 2025-2026
Title: Relates to payments in lieu of taxes
Relates to payments in lieu of taxes; provides that the tax base growth factor or quantity change factor includes the change in assessed value for each property on the exempt side of the tax rolls under a payment in lieu of tax agreement; allows a local government or school district to elect to include the equivalent taxable value of property subject to a payment in lieu of taxes agreement in the calculation of its quantity change factor.
| Date | Event | Detail |
|---|---|---|
| 2026-04-08 | Introduced | Bill introduced |
| 2026-04-08 | Status | in_committee |
| 2026-04-08 | Latest Action | In Assembly Committee |