2025-2026 Regular Session • New York Legislature
A08398
Legislative Summary
Requires certain joint tax returns pertaining to residential real estate cash purchases by limited liability companies to be accompanied by a document which identifies the source or sources of funds used for the purchase, including the type of funding used, the bank account information of any funds used in the purchase and the amount used by each source of funds.
Demographic Impact
Overall analysis of equity impact
60% Positive
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Bill History
5/13/2025
referred to ways and means
Assembly
Status Information
Current Status
Introduced(5/13/2025)
Chamber
Assembly
Committee
Ways and Means(Assembly)
Sponsors
Democrat: 1
Primary Sponsor
Gary Pretlow
Democrat