Allows alteration or repeal of real property tax exemptions for private institutions of higher education.

This bill proposes an amendment to the New York State Constitution to allow the alteration or repeal of real property tax exemptions for private institutions of higher education. The amendment specifies that the power of taxation may be altered or repealed except for those exempting property used exclusively for religious, educational, or charitable purposes. The bill is referred to the Committee on Real Property Taxation for further consideration.

Allows alteration or repeal of real property tax exemptions for private institutions of higher education.

This bill proposes an amendment to the New York State Constitution to allow the alteration or repeal of real property tax exemptions for private institutions of higher education. The amendment specifies that the power of taxation may be altered or repealed except for those exempting property used exclusively for religious, educational, or charitable purposes. The bill is referred to the Committee on Real Property Taxation for further consideration.