A 3121 New York Assembly · 2021 Regular Session

Increases the amount of the exemption permitted for capital improvements to residential buildings

Summary
Increases the amount of the exemption permitted for capital improvements to residential buildings from $80,000 to $200,000 where a local law or resolution is adopted on or after January 1, 2022.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2021 Last action Jan 5, 2022
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 5, 2022
Committee
REFERRED TO REAL PROPERTY TAXATION
lower
Jan 22, 2021
Committee
REFERRED TO REAL PROPERTY TAXATION
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Pat Fahy
Pat Fahy
DDemocratic
NY
46