S574 (2025-26 session)

NY State bill

Establishes the end predatory home flipping act; imposes a tax on the transfer of certain residential properties which are sold within two years of the prior conveyance of such property; exempts certain purchases of residential properties from mortgage recording taxes; imposes a tax on the transfer of certain properties in the city of New York which are sold for one million dollars or more.

Title
Establishes the end predatory home flipping act
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-05-14
In committee
Cities 1
Introduced
2025-01-02
Active version
S574A
Same as
A342
Law section
New York City Administrative Code

Sponsors

Co-sponsors

Heard in committee

Same as

Sources