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A 8398

New York Assembly bill in Session 2025-2026.

Status: in_committee. Latest action: January 7, 2026.

Requires certain joint tax returns pertaining to residential real estate cash purchases by limited liability companies to disclose the source of funds used for the purchase.

Bill ID NY-2025-2026-A-8398
Session 2025-2026
Status in_committee
Committee Ways And Means
Assembly in_committee 2026-01-07
Summary

Requires certain joint tax returns pertaining to residential real estate cash purchases by limited liability companies to be accompanied by a document which identifies the source or sources of funds used for the purchase, including the type of funding used, the bank account information of any funds used in the purchase and the amount used by each source of funds.

Sponsor
J. Gary Pretlow
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-05-13 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Assembly Committee
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