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S 5808

New York - Session 2025-2026

Senate in_committee 2026-01-07
Bill Details

Title: Establishes a tax credit for rent paid on the personal residence of certain taxpayers

Summary

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.

Sponsor
Luis R. Sepúlveda
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2025-03-03 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Senate Committee
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