New York · 2025 Regular Session · Bill
S 1718: Provides for a partial exemption from taxation of certain residential real property transferred by a governmental entity, nonprofit housing organization, land bank or community land trust to low-income households
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 1718 is a bill introduced in the New York Senate on January 13, 2025. According to its official title, it concerns: Provides for a partial exemption from taxation of certain residential real property transferred by a governmental entity, nonprofit housing organization, land bank or community land trust to low-income households. Primary sponsor: Michelle Hinchey (Democratic/Working Families). It lists 2 additional sponsors. Most recent recorded action (April 29, 2025): SUBSTITUTED BY A355C.
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.
Provides for a partial exemption from taxation of certain residential real property transferred by a governmental entity, nonprofit housing organization, land bank or community land trust to low-income households; sets forth conditions for the discontinuance of such exemption.
Sponsors
Sponsors by party (alphabetical): Democratic/Working Families 2 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Michelle Hinchey | Primary sponsor | Democratic/Working Families | Senate | 41 |
| Rob Rolison | Co-sponsor | Republican | Senate | 39 |
| Lea Webb | Co-sponsor | Democratic/Working Families | Senate | 52 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- SUBSTITUTED BY A355C
- ORDERED TO THIRD READING CAL.682
- COMMITTEE DISCHARGED AND COMMITTED TO RULES
- PRINT NUMBER 1718B
- AMEND AND RECOMMIT TO LOCAL GOVERNMENT
- PRINT NUMBER 1718A
- AMEND (T) AND RECOMMIT TO LOCAL GOVERNMENT
- REFERRED TO LOCAL GOVERNMENT