New York bills · 2025 Regular Session
New York S 1805
Grants real property tax abatement to rent-controlled or rent regulated properties when the maximum authorized rent exceeds 1/2 of the tenants' household income
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Nathalia Fernandez (Democratic)
Cosponsors (4)
- Robert Jackson (Democratic/Working Families)
- Shelley Mayer (Democratic/Working Families)
- Jessica Ramos (Democratic/Working Families)
- Luis R. Sepúlveda (Democratic)
Summary
Official abstract published by the New York legislature
Authorizes application of the property tax abatement for rent-controlled or rent regulated properties occupied by senior citizens or disabled persons, to those units occupied by tenants paying the maximum allowable rent when such rent exceeds 1/2 of the household income; provides for state payments to cities affected thereby equal to 10% of lost real property tax revenue.
Text versions
Roll-call votes
State vote data last updated Oct 16, 2026, 4:04 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Feb 25, 2025 Senate | Cities 1 Vote | pass | Set your home in New York to see |
Actions
- Jan 7, 2026 · Senate
REFERRED TO CITIES 1 - Feb 25, 2025 · Senate
REPORTED AND COMMITTED TO FINANCE - Jan 14, 2025 · Senate
REFERRED TO CITIES 1