Allows alteration or repeal of real property tax exemptions for certain private institutions of higher education by a private bill and governor.

This bill proposes an amendment to the New York State Constitution to allow the alteration or repeal of real property tax exemptions for certain private institutions of higher education. This change requires passage of a private bill by the legislature and approval by the governor. The amendment specifies that such exemptions can be altered or repealed, unlike those for religious, educational, or charitable purposes.

Allows alteration or repeal of real property tax exemptions for certain private institutions of higher education by a private bill and governor.

This bill proposes an amendment to the New York State Constitution to allow the alteration or repeal of real property tax exemptions for certain private institutions of higher education. This change requires passage of a private bill by the legislature and approval by the governor. The amendment specifies that such exemptions can be altered or repealed, unlike those for religious, educational, or charitable purposes.