NY A06124 | 2019-2020 | General Assembly

Status

Spectrum: Strong Partisan Bill (Republican 13-1)
Status: Introduced on February 28 2019 - 25% progression
Action: 2019-02-28 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Grants credit against personal income tax to purchasers of residential housing in the amount of any downpayment made on such housing; provides that the maximum credit shall not exceed 5 percent of the purchase price of the residential housing; requires taxpayers to meet eligibility requirements imposed by the state of New York mortgage agency.

Tracking Information

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Title

Grants credit against personal income tax to purchasers of residential housing in the amount of any downpayment made on such housing; provides that the maximum credit shall not exceed 5 percent of the purchase price of the residential housing; requires taxpayers to meet eligibility requirements imposed by the state of New York mortgage agency.

Sponsors


History

DateChamberAction
2019-02-28Assemblyreferred to ways and means

Same As/Similar To

S01001 (Same As) 2019-03-19 - RECOMMIT, ENACTING CLAUSE STRICKEN
S04858 (Same As) 2019-03-27 - REFERRED TO BUDGET AND REVENUE

New York State Sources


Bill Comments

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