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S 8555 New York Senate · 2025 Regular Session

Extends the authority for the town of Brookhaven to impose a real estate transfer tax with revenues therefrom to be deposited into a community preservation fund

Summary
Extends the authority for the town of Brookhaven to impose a real estate transfer tax with revenues therefrom to be deposited into a community preservation fund until 2045.
Issues: ✓ Budget & TaxesSupports Budget & TaxesExtends real estate transfer tax authority to fund community preservation, directing tax revenue to public services per bill language.90% confidence ✓ HousingSupports HousingExtends real estate transfer tax to fund community preservation, which typically supports affordable housing initiatives through dedicated revenue streams.90% confidence
Bill status passed 3 of 5 stages cleared
Introduction
Oct 2025
Committee Review
May 2026
Senate Passage
May 2026
Assembly Passage
Governor
Introduced Oct 29, 2025 Last action May 28, 2026
Floor votes · Senate May 28, 2026

How they voted

53–7
Passed · 3 other
Total votes 63
May 28, 2026
D Democratic41
35 Yea 5 Nay 1
85% Yea
R Republican22
18 Yea 2 Nay 2
81% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
8
Key actions
1
Committee
3
May 28, 2026
Committee
REFERRED TO LOCAL GOVERNMENTS
lower
May 28, 2026
Upper · Passed
PASSED SENATE
upper
Jan 7, 2026
Committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
upper
Oct 29, 2025
Committee
REFERRED TO RULES
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Tony Palumbo
Tony Palumbo
RRepublican
NY
1