A8398 (2025-26 session)
NY State bill
Requires certain joint tax returns pertaining to residential real estate cash purchases by limited liability companies to be accompanied by a document which identifies the source or sources of funds used for the purchase, including the type of funding used, the bank account information of any funds used in the purchase and the amount used by each source of funds.
- Title
- Requires certain joint tax returns pertaining to residential real estate cash purchases by limited liability companies to disclose the source of funds used for the purchase
- 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
- 2025-05-13
- Same as
- S5716
- Law section
- Tax Law
Sponsors
- J. Gary Pretlow Assembly Member, District 89
Heard in committee
- Ways and Means NY State Assembly committee