NY A09710 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 3 2024 - 25% progression
Action: 2024-04-03 - referred to real property taxation
Pending: Assembly Real Property Taxation Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".

Tracking Information

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Title

Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".

Sponsors


History

DateChamberAction
2024-04-03Assemblyreferred to real property taxation

Same As/Similar To

S08838 (Same As) 2024-03-19 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

New York State Sources


Bill Comments

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