New York · 2025 Regular Session · Bill

S 1718: Provides for a partial exemption from taxation of certain residential real property transferred by a governmental entity, nonprofit housing organization, land bank or community land trust to low-income households

In committee Last action April 29, 2025: SUBSTITUTED BY A355C

Plain-language summary

S 1718 is a bill introduced in the New York Senate on January 13, 2025. According to its official title, it concerns: Provides for a partial exemption from taxation of certain residential real property transferred by a governmental entity, nonprofit housing organization, land bank or community land trust to low-income households. Primary sponsor: Michelle Hinchey (Democratic/Working Families). It lists 2 additional sponsors. Most recent recorded action (April 29, 2025): SUBSTITUTED BY A355C.

Sponsors

Primary sponsor: Michelle Hinchey (Democratic/Working Families). 2 co-sponsors.