Senate BillIntroduced
S 8548: Relates to the payment of property taxes to municipalities by any nonprofit organization; requires nonprofit organizations that would typically be exempt from property taxes based on nonprofit status to pay 75 percent of its annual property taxes to the municipality in which it sits in order to offset the impact of the exemption.
What S 8548 does, verified January 8, 2026
The bill aims to amend the Real Property Tax Law in New York. A nonprofit organization that is typically exempt from property taxes based on its nonprofit status would be required to pay 75% of its annual property taxes to the municipality in which it is located. This provision is intended to offset the impact of the exemption on municipal revenues. However, certain nonprofit organizations with a standing payments in lieu of taxes program or other financial agreements with their municipality are exempt from the tax requirement. The bill would take effect on January 1 and apply to assessment rolls prepared on or after that date.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO LOCAL GOVERNMENT (2026-01-07)Alert me
Quick answers about S 8548
- What is the current status of S 8548?
- As of January 8, 2026, S 8548 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO LOCAL GOVERNMENT".
- Did S 8548 pass?
- Not yet. S 8548 has been introduced and has not passed either house.
- Who wrote S 8548, and where is it now?
- S 8548 was authored by Sen. Alexis Weik. Its committee of record is Senate Local Government.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions4 total · showing 4
| Jan. 07, 2026 | REFERRED TO LOCAL GOVERNMENT |
| Dec. 29, 2025 | PRINT NUMBER 8548A |
| Dec. 29, 2025 | AMEND (T) AND RECOMMIT TO RULES |
| Oct. 24, 2025 | REFERRED TO RULES |
Latest bill textIntroduced version, October 24, 2025 · 293 words
STATE OF NEW YORK ________________________________________________________________________ 8548 2025-2026 Regular Sessions IN SENATE October 24, 2025 ___________ Introduced by Sen. WEIK -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the real property tax law, in relation to the payment of property taxes to municipalities by hospitals considered nonprofit organizations The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 1 of section 420-a of the real property tax law 2 is amended by adding a new paragraph (c) to read as follows: 3 (c) Any hospital located within the state, that would typically be 4 exempt from property taxes based on its nonprofit status under this 5 section, shall be required to pay seventy-five percent of its annual 6 property taxes to the municipality in which it sits in order to offset 7 the impact of the exemption authorized by this section on municipal 8 revenues. However, any hospitals with a standing payments in lieu of 9 taxes (PILOT) program, or any other financial agreement with their muni- 10 cipality arranged with the intent to offset the impact of such 11 exemption, shall be exempt from the tax requirement laid out in this 12 paragraph. 13 § 2. This act shall take effect on the first of January next succeed- 14 ing the date on which it shall have become a law and shall apply to 15 assessment rolls prepared on the basis of taxable status dates occurring 16 on or after such date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13730-01-5
Text of S 8548 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions