A1818 (2025-26 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 Assembly bill
- Session
- 2025-26 session
- Status
- In Assembly Committee
- Latest action date
- 2026-01-07
- In committee
- Ways And Means
- Introduced
- 2025-01-14
- Same as
- S1572
- Law section
- Tax Law
Sponsors
- Michaelle C. Solages Assembly Member, District 22
Co-sponsors
Heard in committee
- Ways and Means NY State Assembly committee
Same as
- S1572 (2025-26 session) NY State bill