S 2320

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: May 15, 2026.

Changes the amount of the exemption permitted for capital improvements to residential buildings.

Bill ID NY-2025-2026-S-2320

Session 2025-2026

Status in_committee

Committee Housing, Construction And Community Development

Senate in_committee 2026-05-15

Summary

Changes the amount of the exemption permitted for capital improvements to residential buildings to $200,000 where a local law or resolution is adopted on or after January 1, 2026.

Sponsor

Patricia Fahy

Official Source Back to Bills

Actions Timeline

Date	Event	Detail
2025-01-16	Introduced	Bill introduced
2026-05-15	Status	in_committee
2026-05-15	Latest Action	In Senate Committee

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