2025-2026 Regular Session • New York Legislature
A07943
Legislative Summary
Provides for a real property tax exemption for property owned by single-member limited liability companies where such property serves as the primary residence of such member.
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
4/16/2025
referred to real property taxation
Assembly
Status Information
Current Status
Introduced(4/16/2025)
Chamber
Assembly
Committee
Real Property Taxation(Assembly)
Sponsors
Democrat: 1
Primary Sponsor
Paula Kay
Democrat