Directs the department of taxation and finance to establish a pilot program for implementation of local land value taxation

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 3 Compare versions History 6 Sponsors

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.

Chamber: House
Introduced: Jan 27, 2025
Last action: Jan 21, 2026 — PRINT NUMBER 3339B
Session: 2025-2026
Momentum: 47 · Moderate

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Amended — base rate 13%, measured from NY's completed sessions
Momentum -1 47/100 from the pace of recorded action
Time since last action -22 272 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.