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A 5149

New York Assembly bill in Session 2025-2026.

Status: in_committee. Latest action: January 7, 2026.

Relates to school property and real property taxes.

Bill ID NY-2025-2026-A-5149
Session 2025-2026
Status in_committee
Committee Education
Assembly in_committee 2026-01-07
Summary

Relates to school property and real property taxes; establishes the blue ribbon commission on property tax reform; relates to state assistance for local real property reassessment, state assistance to assessing units within a school district, providing a fixed real property assessed value for residential real property owned by certain persons over the age of 65 and providing state reimbursement to municipalities for lost real property tax revenue; requires the state to fund certain programs mandated for municipal corporations or school districts.

Sponsor
Karl Brabenec
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-12 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Assembly Committee
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