S2320 (2025-26 session)

NY State bill

Changes the amount of the exemption permitted for capital improvements to residential buildings to $200,000 where a local law or resolution is adopted on or after January 1, 2026.

Title
Changes the amount of the exemption permitted for capital improvements to residential buildings
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-05-15
In committee
Housing, Construction And Community Development
Introduced
2025-01-16
Active version
S2320A
Law section
Real Property Tax Law

Sponsors

Heard in committee

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.

Sources