S 880 New York Senate · 2025 Regular Session

Enacts the housing development fund company fairness, preservation, and affordability act

Summary
Enacts the housing development fund company fairness, preservation, and affordability act to clarify certain provisions relating to the dissolution and reincorporation of housing development fund companies; provides for tax exemptions and abatements for housing development fund companies.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2025 Last action Jan 7, 2026
Maddy AI version diff · 2 comparisons

What changed between versions

S880A S880B · 4 edits
MODERATE
The bill was renumbered from S880-A to S880-B and updated to include Senator Hoylman-Sigal as a sponsor. The short title was changed from 'self-determination' to 'fairness', and paragraph 7 was modified to emphasize promoting continuing affordability while protecting autonomy, rather than focusing on self-governance. These changes appear to be primarily technical updates to the bill's title and sponsorship rather than substantive policy changes.
TECHNICAL

Bill number changed from S880-A to S880-B

Senator Hoylman-Sigal added as co-sponsor

Short title changed from 'self-determination' to 'fairness'

Paragraph 7 wording adjusted to emphasize affordability promotion alongside autonomy protection

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
6
Key actions
4
Committee
2
Amendments
4
Jan 7, 2026
Committee
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
upper
Dec 31, 2025
Upper · Passed
PRINT NUMBER 880B
upper
Dec 31, 2025
Upper · Passed
AMEND (T) AND RECOMMIT TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
upper
Mar 25, 2025
Upper · Passed
PRINT NUMBER 880A
upper
Mar 25, 2025
Upper · Passed
AMEND AND RECOMMIT TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
upper
Jan 8, 2025
Committee
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
upper
1 primary · 2 co-sponsors

Sponsors