S9096 (2023-24 session)

NY State bill

Imposes an excise tax on the failure of certain hedge funds owning excess single-family residences to dispose of such residences; establishes the housing down payment trust fund to provide funds to state housing finance agencies to establish new or supplement existing programs that provide down payment assistance to families purchasing homes within the state.

Title
Enacts the "End Hedge Fund Control of New York Homes Act"
Type
New York State Senate bill
Session
2023-24 session
Status
In Senate Committee
Latest action date
2024-04-22
In committee
Investigations And Government Operations
Introduced
2024-04-22
Same as
A8829
Law section
Tax Law

Sponsors

Heard in committee

Same as

Sources