Sign Up
A 11484 New York Assembly · 2025 Regular Session

Relates to affordable housing in New York city

Summary
Provides that no tax exemption shall be given for any unit that has not agreed in writing to maintain such unit as their primary residence for no less than five years from the acquisition of such unit.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill restricts tax exemptions for non-primary residences, preventing tax breaks for vacant or investment units and promoting fiscal responsibility.85% confidence ✗ HousingOpposes HousingBill restricts affordable housing by denying tax exemptions for units not used as primary residences for five years, limiting housing development.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
May 2026
Committee Review
Floor Vote
Governor
Introduced May 27, 2026 Last action May 27, 2026
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
1
May 27, 2026
Committee
REFERRED TO REAL PROPERTY TAXATION
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.