A 342

New York Assembly bill in Session 2025-2026.

Status: in_committee. Latest action: May 14, 2026.

Establishes the end toxic home flipping act.

Bill ID NY-2025-2026-A-342
Session 2025-2026
Status in_committee
Committee Ways And Means
Assembly in_committee 2026-05-14
Tax / Budget / Appropriations
Summary

Establishes the end predatory home flipping act; imposes a tax on the transfer of certain residential properties which are sold within two years of the prior conveyance of such property; exempts certain purchases of residential properties from mortgage recording taxes; imposes a tax on the transfer of certain properties in the city of New York which are sold for one million dollars or more.

Sponsor
Catalina Cruz
Official Source Back to Bills
Actions Timeline
Date Event Detail
2024-12-31 Introduced Bill introduced
2026-05-14 Status in_committee
2026-05-14 Latest Action In Assembly Committee
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