S850 (2025-26 session)
NY State bill
Establishes the "first-time homebuyer tax credit act"; provides that a qualified taxpayer shall be allowed a credit against the taxes imposed by this article for taxes levied on the taxpayer's primary residence by or on behalf of any county, city, town, village, or school district in which such property is located.
- Title
- Establishes the first-time homebuyer tax credit act
- Type
- New York State Senate bill
- Session
- 2025-26 session
- Status
- In Senate Committee
- Latest action date
- 2026-01-07
- In committee
- Budget And Revenue
- Introduced
- 2025-01-06
- Same as
- A7525
- Law section
- Tax Law
Sponsors
Co-sponsors
Heard in committee
- Budget And Revenue NY State Senate 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.
- Budget And Revenue, 2025-05-28 Referred to committee; referred to Local Government