A4714 (2025-26 session)

NY State bill

Exempts the conveyance of real property for open space, parks, or historic preservation purposes to any not-for-profit tax exempt corporation operated for conservation, environmental, parks or historic preservation purposes from the state real estate transfer tax and the additional tax on real estate transfers of residential real property where the consideration is one million dollars or more.

Title
Relates to the conveyance of certain real property for open space, parks, or historic preservation purposes
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
2025-02-04
Active version
A4714A
Law section
Tax Law

Sponsors

Co-sponsors

Heard in committee

Sources