S7925 (2025-26 session)

NY State bill

Establishes a tax rebate program for rent-stabilized housing that targets buildings with individually occupied rent-stabilized apartments where the property tax burden significantly exceeds rental income.

Title
Establishes a tax rebate program for rent-stabilized housing
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-01-07
In committee
Housing, Construction And Community Development
Introduced
2025-05-14
Same as
A11694
Law section
Real Property Tax Law

Sponsors

Heard in committee

Same as

Sources