2025-2026 Regular Session • New York Legislature
S01718
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
1/13/2025
REFERRED TO LOCAL GOVERNMENT
Senate
2/10/2025
AMEND (T) AND RECOMMIT TO LOCAL GOVERNMENT
Senate
2/10/2025
PRINT NUMBER 1718A
Senate
4/7/2025
AMEND AND RECOMMIT TO LOCAL GOVERNMENT
Senate
4/7/2025
PRINT NUMBER 1718B
Senate
4/15/2025
COMMITTEE DISCHARGED AND COMMITTED TO RULES
Senate
4/15/2025
ORDERED TO THIRD READING CAL.682
Senate
Status Information
Current Status
Introduced(1/13/2025)
Chamber
Senate
