New YorkChanges the amount of the exemption permitted for capital improvements to residential buildings
What it does
Changes the amount of the exemption permitted for capital improvements to residential buildings to $200,000 where a local law or resolution is adopted on or after January 1, 2026.
Where do you stand?
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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
- May 15PRINT NUMBER 2320ALatest
- May 15AMEND AND RECOMMIT TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENTMajor
- Jan 7REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENTMinor
- 2025
- Mar 3REPORTED AND COMMITTED TO FINANCEMinor
- Vote recorded Housing, Construction And Community Development Vote. Result: pass.Upper
- Jan 16REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENTIntroduced
- Mar 3REPORTED AND COMMITTED TO FINANCEMinor