N.Y. Public Authorities Law Section 2719
Exemption from taxation of property and income


The property of the authority, and its income and operations shall be exempt from taxation or assessments of every kind and nature; nor shall the authority be required to pay any filing or recording fee or transfer tax of any kind on account of instruments filed or recorded by it or on its behalf. Mortgages made or financed (directly or indirectly) by the authority shall be exempt from the mortgage recording taxes imposed by article eleven of the tax law.

Source: Section 2719 — Exemption from taxation of property and income, https://www.­nysenate.­gov/legislation/laws/PBA/2719 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 2719’s source at nysenate​.gov

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