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New York bills · 2025 Regular Session

New York S 1572

Enacts the "End Hedge Fund Control of New York Homes Act"

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

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Summary

Official abstract published by the New York legislature

Imposes an excise tax on the failure of certain hedge funds owning excess single-family residences to dispose of such residences; establishes the housing down payment trust fund to provide funds to state housing finance agencies to establish new or supplement existing programs that provide down payment assistance to families purchasing homes within the state.

Text versions

Roll-call votes

State vote data last updated Oct 18, 2026, 4:25 AM.

DateVoteResultYour legislators
Mar 24, 2026
Senate
Investigations And Government Operations VotepassSet your home in New York to see

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