New YorkEnacts the "homebuyer renovation property tax exemption act"
What it does
Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 20REPORTED AND COMMITTED TO FINANCELatest
- Vote recorded Housing, Construction And Community Development Vote. Result: pass.Upper
- Jan 7REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENTMinor
- Apr 20REPORTED AND COMMITTED TO FINANCELatest
- 2025
- Mar 3REPORTED AND COMMITTED TO FINANCEMinor
- Vote recorded Housing, Construction And Community Development Vote. Result: pass.Upper
- Jan 8REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENTIntroduced
- Mar 3REPORTED AND COMMITTED TO FINANCEMinor