2025-2026 Regular SessionNew York Legislature

S05662

Legislative Summary

Relates to authorizing a reduction of taxes pursuant to shelter rent; provides that such taxes shall not be assessed on projects located in New York City.

Demographic Impact

Overall analysis of equity impact

70% Positive
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Bill History

2/26/2025
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Senate
3/10/2025
REPORTED AND COMMITTED TO CITIES 1
Senate
4/8/2025
REPORTED AND COMMITTED TO FINANCE
Senate

Roll Call Votes

Senate Cities 1 Committee Vote
4/8/2025
7
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Housing, Construction And Community Development Committee Vote
3/10/2025
10
Yea
1
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Introduced(2/26/2025)
Chamber
Senate
Committee
Finance(Senate)

Sponsors

Democrat: 2

Primary Sponsor

Brian Kavanagh
Brian Kavanagh
Democrat

Documents

Introduced
Bill Text2/26/202514.0 KB