S1572 (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 Senate bill
- Session
- 2025-26 session
- Status
- In Senate Committee
- Latest action date
- 2026-03-24
- In committee
- Finance
- Introduced
- 2025-01-10
- Same as
- A1818
- Law section
- Tax Law
Sponsors
- Liz Krueger State Senator, District 28
Heard in committee
- Finance NY State Senate committee
- Investigations And Government Operations NY State Senate committee
Same as
- A1818 (2025-26 session) NY State bill
Committee meetings
Committee meetings that took this bill up, from the Senate's published agendas. The Assembly does not publish its committee agendas in machine-readable form, so an Assembly committee's consideration of a bill is not on this list.
- Investigations And Government Operations, 2026-03-24 Referred to committee; referred to Finance