New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Establishes a tax credit for rent paid on the personal residence of certain taxpayers.
Establishes a tax credit for rent paid on the personal residence of certain taxpayers who lease the taxpayer's primary residence during the taxable year and who pay rent with respect to such residence in excess of thirty percent of such taxpayer's gross income for such taxable year whose income is less than fifty percent of the area median income.
| Date | Event | Detail |
|---|---|---|
| 2025-01-30 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Assembly Committee |