Senate BillIntroduced
S 1131: Authorizes municipalities to develop and implement a plan for local land value taxation based on classes of land; allows real estate to be classified as land or land exclusive of buildings and buildings on land.
What S 1131 does, verified October 7, 2026
This act allows cities, villages, and towns to develop and implement a plan for local land value taxation. A local law or resolution must be adopted after a public hearing, and it may apply land value taxation to all taxable property or specific property classes, such as homestead or non-homestead classes. The plan must maintain revenue neutrality, ensuring that the total levy for each levying body remains unchanged. The act also allows for exemptions to be calculated in the same manner as under a non-land-value taxation plan, and the resulting exempt value may be applied first to improvements and then to land.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: PRINT NUMBER 1131B (2026-01-27)Alert me
Author and sponsors
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| Jan. 27, 2026 | PRINT NUMBER 1131B |
| Jan. 27, 2026 | AMEND (T) AND RECOMMIT TO LOCAL GOVERNMENT |
| Jan. 07, 2026 | REFERRED TO LOCAL GOVERNMENT |
| Mar. 28, 2025 | AMEND AND RECOMMIT TO LOCAL GOVERNMENT |
| Mar. 28, 2025 | PRINT NUMBER 1131A |
Latest bill textIntroduced version, January 8, 2025 · 388 words
STATE OF NEW YORK ________________________________________________________________________ 1131 2025-2026 Regular Sessions IN SENATE January 8, 2025 ___________ Introduced by Sen. MAY -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to direct the department of taxation and finance to establish a pilot program for implementation of local land value taxation The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. 1. The department of taxation and finance shall establish a 2 pilot program in up to five municipalities under which such munici- 3 palities shall develop a plan for implementation of land value taxation 4 that (a) classifies real estate included in such municipality's assess- 5 ment roll as (i) land or land exclusive of buildings, or (ii) buildings 6 on land; and (b) establishes a different local property tax rate for 7 each such class, provided the higher local property tax rate shall apply 8 to land or land exclusive of buildings. 9 2. The department of taxation and finance shall establish an applica- 10 tion procedure and any other criteria for the pilot program established 11 under subdivision one of this section, under which municipalities may 12 apply to participate in such pilot program. If a municipality having a 13 population greater than 50,000 applies for participation in such pilot 14 program, such municipality shall designate a specific neighborhood or 15 area within such municipality that would participate in such program, if 16 selected. The department of taxation and finance shall send a notice of 17 selection for such pilot program to the chief executive officer of the 18 municipality and to the temporary president of the senate and the speak- 19 er of the assembly. 20 3. In order to apply to participate in the pilot program established 21 under subdivision one of this section, the legislative body of the 22 applicable municipality shall pass a local law, and a school district 23 shall pass a resolution, affirmatively authorizing the application 24 established under subdivision two of this section. 25 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03468-01-5
Text of S 1131 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions