New York · 2025 Regular Session · Bill
S 10197: Authorizes certain municipalities to impose a tax on certain high-value non-primary residences
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 10197 is a bill introduced in the New York Senate on May 5, 2026. According to its official title, it concerns: Authorizes certain municipalities to impose a tax on certain high-value non-primary residences. Primary sponsor: Pat Fahy (Democratic). Most recent recorded action (May 5, 2026): REFERRED TO LOCAL GOVERNMENT.
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.
Authorizes municipalities located outside the city of New York to impose a tax on high-value non-primary residences having a five-year average market value threshold as set by the municipality between 2.5 and 5 million dollars or more; provides for authorized rates of taxation, administration and enforcement, and revenue distribution.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Pat Fahy | Primary sponsor | Democratic | Senate | 46 |
“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 LOCAL GOVERNMENT