New York · 2025 Regular Session · Bill
A 7479: Enacts the "homebuyer renovation property tax exemption act"
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
A 7479 is a bill introduced in the New York House on March 28, 2025. According to its official title, it concerns: Enacts the "homebuyer renovation property tax exemption act". Primary sponsor: Misha Novakhov (Republican/Conservative). It lists 2 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO REAL PROPERTY TAXATION.
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 "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".
Sponsors
Sponsors by party (alphabetical): Republican 1 · Republican/Conservative 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Misha Novakhov | Primary sponsor | Republican/Conservative | House | 45 |
| Mike Fitzpatrick | Co-sponsor | Republican | House | 8 |
| Danny Norber | Co-sponsor | Republican/Conservative | House | 16 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO REAL PROPERTY TAXATION
- REFERRED TO REAL PROPERTY TAXATION