New York · 2025 Regular Session · Bill
A 7507: Creates a homeownership rehabilitation credit
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
A 7507 is a bill introduced in the New York House on March 28, 2025. According to its official title, it concerns: Creates a homeownership rehabilitation credit. Primary sponsor: Misha Novakhov (Republican/Conservative). It lists 6 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO 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.
Creates a homeownership rehabilitation credit; allows a taxpayer to be credited for fifteen percent of the qualified rehabilitation expenses made by such taxpayer with respect to a qualified residence against the tax imposed; defines qualified residence and qualified rehabilitation expenses.
Sponsors
Sponsors by party (alphabetical): Republican 5 · Republican/Conservative 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Misha Novakhov | Primary sponsor | Republican/Conservative | House | 45 |
| Ken Blankenbush | Co-sponsor | Republican | House | 117 |
| Mike Fitzpatrick | Co-sponsor | Republican | House | 8 |
| Steve Hawley | Co-sponsor | Republican | House | 139 |
| John Mikulin | Co-sponsor | Republican | House | 17 |
| Danny Norber | Co-sponsor | Republican/Conservative | House | 16 |
| Chris Tague | Co-sponsor | Republican | House | 102 |
“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 WAYS AND MEANS
- REFERRED TO WAYS AND MEANS