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New YorkS 76852025-2026 Regular SessionSenateWALLET

Relates to increasing the amount of the childcare center tax abatement for certain properties in a city having a population of one million or more

Sponsored By: Roxanne J. Persaud (Democratic)

Signed by Governor

CITIES 1WAYS AND MEANS

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Bigger tax breaks for childcare properties

Eligible New York City building owners get higher property tax breaks for abatements first taken in tax years starting July 1, 2025, or later. Projects must create childcare space or increase the number of children allowed, and qualifying costs must be certified. The standard total cap rises from $100,000 to $350,000; the yearly dollar cap rises from $20,000 to $70,000. Standard limits remain $35 per square foot total and $7 per square foot yearly. For properties in designated childcare deserts, the total cap rises from $225,000 to $750,000 and the yearly cap from $45,000 to $150,000. Their limits remain $75 per square foot total and $15 per square foot yearly. Total breaks cannot exceed certified costs, yearly breaks cannot exceed the building’s tax bill, and available funding can reduce yearly amounts. Unused amounts can carry forward for up to four tax years. For enhanced abatements first taken starting July 1, 2025, carryforward is limited to $70,000 or the yearly tax bill, whichever is lower.

More time for childcare property tax breaks

Eligible New York City childcare property owners have until March 15, 2027, to apply, instead of March 15, 2025. Applications must reach the designated agency by March 15 before the July 1 tax year requested. The law extends the last tax year for authorizing breaks from July 1, 2029, to July 1, 2031. No breaks can be authorized for tax years starting July 1, 2032, or later. The program’s total yearly authorization cap remains $25 million, and existing eligibility requirements still apply.

Sponsors & Cosponsors

Sponsor

  • Roxanne J. Persaud

    Democratic • Senate

Cosponsors

  • Jessica Scarcella-Spanton

    Democratic • Senate

  • Joseph P. Addabbo Jr.

    Democratic • Senate

  • Robert Jackson

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 200 • No: 4

House vote • 6/6/2025

Assembly floor vote

Yes: 136 • No: 1

Senate vote • 6/5/2025

FLOOR Vote

Yes: 57 • No: 3

committee vote • 5/20/2025

Cities 1 Committee Vote

Yes: 7 • No: 0

Actions Timeline

  1. SIGNED CHAP.609

    12/5/2025Senate

  2. DELIVERED TO GOVERNOR

    12/1/2025Senate

  3. RETURNED TO SENATE

    6/6/2025House

  4. PASSED ASSEMBLY

    6/6/2025House

  5. ORDERED TO THIRD READING RULES CAL.460

    6/6/2025House

  6. SUBSTITUTED FOR A8028

    6/6/2025House

  7. REFERRED TO WAYS AND MEANS

    6/5/2025House

  8. DELIVERED TO ASSEMBLY

    6/5/2025Senate

  9. PASSED SENATE

    6/5/2025Senate

  10. ADVANCED TO THIRD READING

    5/22/2025Senate

  11. 2ND REPORT CAL.

    5/21/2025Senate

  12. 1ST REPORT CAL.1197

    5/20/2025Senate

  13. REFERRED TO CITIES 1

    4/29/2025Senate

Bill Text

  • Original

    4/29/2025

    PDF

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