New York 2025-2026 Regular Session

New York Assembly Bill A03774

Introduced
1/30/25  
Refer
1/30/25  

Caption

Relates to taxation of state correctional facility properties for schools.

Summary

Bill A03774 proposes an amendment to the real property tax law concerning the taxation of lands owned by the state that are used for correctional facilities. Specifically, it seeks to exempt these lands from property taxes, thereby ensuring that only the improvements made by the state on these lands will be subject to taxation. This change is intended to alleviate the financial burden on state correctional facilities and redirect resources towards educational funding for schools.

Impact

If enacted, this bill would modify the current taxation framework for state-owned lands where correctional facilities are located. By exempting the land itself from property taxes, the bill aims to reduce the overall tax liabilities of these facilities, potentially allowing for increased funding for educational purposes as the state reallocates resources. This could lead to significant changes in how property taxes are assessed for state-owned correctional facilities and may influence budget allocations within the state's education system.

Sentiment

The sentiment surrounding Bill A03774 appears to be mixed based on preliminary discussions and the lack of voting history. Supporters argue that the bill will provide necessary financial relief to correctional facilities, while opponents may raise concerns about the implications for school funding and the fairness of tax exemptions for state properties.

Contention

Notable points of contention include concerns from educational advocates who fear that the tax exemption might lead to a decrease in funding available for schools, as the state may rely on property taxes to support educational budgets. Additionally, there may be opposition from local governments that depend on property tax revenues, which could be affected by the bill's provisions.

Companion Bills

No companion bills found.

Previously Filed As

NY A01290

Relates to taxation of state correctional facility properties for schools.

NY S56

Includes value of certain properties exempt from taxation in valuation used to calculate State school aid.

NY A03781

Relates to correctional facility visits by the correctional association; authorizes the correctional association to visit correctional facilities at any time and without advance notice; grants the correctional association access to certain records and information of correctional facilities.

NY S00651

Relates to correctional facility visits by the correctional association; authorizes the correctional association to visit correctional facilities at any time and without advance notice; grants the correctional association access to certain records and information of correctional facilities.

NY HB4928

To end double taxation on rental properties

NY HB1376

Relating To Correctional Facilities.

NY HB1376

Relating To Correctional Facilities.

NY S01643

Establishes a job fair pilot program for certain residents of correctional facilities in the Wende and New York City correctional facility hubs.

NY HB1769

Relating To Correctional Facilities.

NY HB676

Relating To Youth And Adult Correctional Facilities.

Similar Bills

No similar bills found.