A4884 (2023-24 session)
NY State bill
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.
- Title
- Grants tax credit for downpayment made on residential housing
- Type
- New York State Assembly bill
- Session
- 2023-24 session
- Status
- In Assembly Committee
- Latest action date
- 2024-01-03
- In committee
- Ways And Means
- Introduced
- 2023-02-24
- Law section
- Tax Law
Sponsors
Co-sponsors
Heard in committee
- Ways and Means NY State Assembly committee