New York · 2025 Regular Session · Bill

S 4414: Establishes an optional local tax exemption for affordable multi-family housing, to be implemented based on regional recommendations developed by the division of housing and community renewal

In committee Last action January 7, 2026: REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

Plain-language summary

S 4414 is a bill introduced in the New York Senate on February 4, 2025. According to its official title, it concerns: Establishes an optional local tax exemption for affordable multi-family housing, to be implemented based on regional recommendations developed by the division of housing and community renewal. Primary sponsor: Rachel May (Democratic/Working Families). Most recent recorded action (January 7, 2026): REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT.

Sponsors

Primary sponsor: Rachel May (Democratic/Working Families).