S852 (2025-26 session)

NY State bill

Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".

Title
Enacts the "homebuyer renovation property tax exemption act"
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-04-20
In committee
Finance
Introduced
2025-01-06
Same as
A7479
Law section
Real Property Tax Law

Sponsors

Co-sponsors

Heard in committee

Same as

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