WatchGov

New York bills · 2025 Regular Session

New York A 10812

Increases the threshold for the additional tax on real estate transfers

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

Sponsors

Summary

Official abstract published by the New York legislature

Enacts the "middle-class homebuyer protection act" to increase the additional tax imposed on residential real property if the consideration for the conveyance from $1,000,000 to $4,500,000 where the residential structure contains five thousand square feet or more of livable interior space.

Text versions

Roll-call votes

No recorded votes on this bill.

Actions