New York Senate bill in Session 2025-2026.
Status: in_committee. Latest action: April 20, 2026.
Enacts the "homebuyer renovation property tax exemption act".
Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".
| Date | Event | Detail |
|---|---|---|
| 2025-01-06 | Introduced | Bill introduced |
| 2026-04-20 | Status | in_committee |
| 2026-04-20 | Latest Action | In Senate Committee |