New York · 2025 Regular Session · Bill
A 10812: Increases the threshold for the additional tax on real estate transfers
Did not advance Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
- Did not advance
Last official action: ·Record last updated:
Plain-language summary
A 10812 is a bill introduced in the New York House on April 1, 2026. According to its official title, it concerns: Increases the threshold for the additional tax on real estate transfers. Primary sponsor: Jake Blumencranz (Republican/Conservative). Most recent recorded action (June 4, 2026): HELD FOR CONSIDERATION IN WAYS AND MEANS.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
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.
Sponsors
Sponsors by party (alphabetical): Republican/Conservative 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jake Blumencranz | Primary sponsor | Republican/Conservative | House | 15 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- HELD FOR CONSIDERATION IN WAYS AND MEANS
- REFERRED TO WAYS AND MEANS