2025-2026 Regular Session • New York Legislature
A07996
Legislative Summary
Relates to creating the Neighborhood Small Business Rent Increase Exemption; provides a tax abatement for limiting rent increases on small businesses in a city of one million or more persons.
Demographic Impact
Overall analysis of equity impact
80% 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
Nikki Lucas
Democrat