2025-2026 Regular Session • New York Legislature
A00355
Legislative Summary
Provides for a partial exemption from taxation of certain residential real property transferred by a governmental entity, nonprofit housing organization, land bank or community land trust to low-income households; sets forth conditions for the discontinuance of such exemption.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
1/8/2025
referred to real property taxation
Assembly
2/5/2025
amend (t) and recommit to real property taxation
Assembly
2/5/2025
print number 355a
Assembly
3/12/2025
amend (t) and recommit to real property taxation
Assembly
3/12/2025
print number 355b
Assembly
3/18/2025
reported referred to ways and means
Assembly
3/18/2025
reported referred to rules
Assembly
3/18/2025
reported
Assembly
3/18/2025
rules report cal.108
Assembly
3/18/2025
ordered to third reading rules cal.108
Assembly
3/18/2025
passed assembly
Assembly
3/18/2025
delivered to senate
Assembly
3/18/2025
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
Senate
4/8/2025
recalled from senate
Assembly
4/8/2025
RETURNED TO ASSEMBLY
Senate
4/8/2025
vote reconsidered - restored to third reading
Assembly
4/8/2025
amended on third reading 355c
Assembly
Roll Call Votes
Assembly Ways And Means Committee: Favorable refer to committee Rules
3/18/2025
31
Yea
0
Nay
0
Not Voting
4
Absent
Result: PASSED
Assembly Floor Vote - Final Passage
3/18/2025
148
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED
Assembly Real Property Taxation Committee: Favorable refer to committee Ways and Means
3/18/2025
10
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Assembly Rules Committee: Favorable
3/18/2025
30
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Status Information
Current Status
Engrossed(3/18/2025)
Chamber
Assembly
