Bill 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.

Spectrum: Strong Partisan Bill (Republican 13-1)

Status: (Introduced - Dead) 2020-07-17 - held for consideration in ways and means [A06124 Detail]

Text: Latest bill text (Introduced) [HTML]

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