STATE OF NEW YORK
________________________________________________________________________
10280
IN ASSEMBLY
May 16, 2024
___________
Introduced by COMMITTEE ON RULES -- (at request of M. of A. Williams,
Slater) -- read once and referred to the Committee on Real Property
Taxation
AN ACT to amend the real property tax law, in relation to allowing
localities to grant an exemption from real property taxation for child
day cares
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The real property tax law is amended by adding a new
2 section 439 to read as follows:
3 § 439. Exemption for child day cares. 1. Notwithstanding any other
4 provision of law, real property owned by a corporation or individual for
5 the purpose of operating a licensed child day care shall be exempt from
6 taxation to the extent of fifty per centum of the assessed valuation
7 thereof, after a local legislative body of a county, city, town, or
8 village passes a local law, or the governing board of a school district
9 passes a resolution, providing for such exemption.
10 2. The local legislative body of a county, city, town, or village, or
11 the governing board of a school district, within such local law or
12 resolution outlined in subdivision one of this section may reduce the
13 exemption percentage described in subdivision one of this section.
14 3. If, during the term of an exemption granted pursuant to this
15 section, a child day care ceases to be used for eligible purposes, such
16 exemption shall cease.
17 4. For the purposes of this section, the term "child day care" shall
18 have the same meaning as defined by section three hundred ninety of the
19 social services law.
20 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD15668-01-4
