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S 1572

New York - Session 2025-2026

Senate in_committee 2026-03-24
Bill Details

Title: Enacts the "End Hedge Fund Control of New York Homes Act"

Summary

Imposes an excise tax on the failure of certain hedge funds owning excess single-family residences to dispose of such residences; establishes the housing down payment trust fund to provide funds to state housing finance agencies to establish new or supplement existing programs that provide down payment assistance to families purchasing homes within the state.

Sponsor
Liz Krueger
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-01-10 Introduced Bill introduced
2026-03-24 Status in_committee
2026-03-24 Latest Action In Senate Committee
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