New York 2025-2026 Regular Session

New York Assembly Bill A02709

Introduced
1/22/25  

Caption

Excludes certain owners of single family residential rental properties who own more than one single family residential rental property from being eligible for credits for interest payments and depreciation for such rental properties; provides exceptions for qualified nonprofit organization; defines terms; grants the commissioner of taxation and finance the authority to make rules and regulations pertaining to carrying out such provisions and preventing avoidance of compliance with such provisions.

Companion Bills

No companion bills found.

Previously Filed As

NY A09545

Establishes a tax on certain vacant residential properties in the city of New York; provides exemptions for certain vacant properties.

NY S01569

Establishes the end toxic home flipping act; imposes a tax on the transfer of certain residential properties which are sold within two years of the prior conveyance of such property; exempts certain purchases of residential properties from mortgage recording taxes; imposes a tax on the transfer of certain properties in the city of New York which are sold for one million dollars or more.

NY A01023

Establishes the end toxic home flipping act; imposes a tax on the transfer of certain residential properties which are sold within two years of the prior conveyance of such property; exempts certain purchases of residential properties from mortgage recording taxes; imposes a tax on the transfer of certain properties in the city of New York which are sold for one million dollars or more.

NY S08320

Increases the number of properties eligible for the coastal market assistance program by providing eligibility to properties within one mile of the shore.

NY A09821

Increases the number of properties eligible for the coastal market assistance program by providing eligibility to properties within one mile of the shore.

NY S01843

Provides a tax credit for the installation of fire sprinkler systems for residential properties.

NY A00600

Establishes the residential open green space tax abatement for certain properties in a city of one million or more; provides an abatement for owners who remove an impermeable surface from a residential yard and replace it with soil and vegetation.

NY A01290

Relates to taxation of state correctional facility properties for schools.

NY A01617

Establishes a tax credit for the purchase and installation of a security camera system on residential- and commercial-owned properties.

NY A04635

Authorizes industrial development agencies to provide technical and financial assistance to qualified residential facilities; defines "qualified residential facility" as any multi-family residential facility with units that are for sale, in any municipality located within the county of Westchester, and which is located in an urban renewal area.

Similar Bills

No similar bills found.