New York · 2025 Regular Session · Bill
S 1805: Grants real property tax abatement to rent-controlled or rent regulated properties when the maximum authorized rent exceeds 1/2 of the tenants' household income
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 1805 is a bill introduced in the New York Senate on January 14, 2025. According to its official title, it concerns: Grants real property tax abatement to rent-controlled or rent regulated properties when the maximum authorized rent exceeds 1/2 of the tenants' household income. Primary sponsor: Nathalia Fernández (Democratic). It lists 4 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO CITIES 1.
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 application of the property tax abatement for rent-controlled or rent regulated properties occupied by senior citizens or disabled persons, to those units occupied by tenants paying the maximum allowable rent when such rent exceeds 1/2 of the household income; provides for state payments to cities affected thereby equal to 10% of lost real property tax revenue.
Sponsors
Sponsors by party (alphabetical): Democratic 2 · Democratic/Working Families 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Nathalia Fernández | Primary sponsor | Democratic | Senate | 34 |
| Robert Jackson | Co-sponsor | Democratic/Working Families | Senate | 31 |
| Shelley Mayer | Co-sponsor | Democratic/Working Families | Senate | 37 |
| Jessica Ramos | Co-sponsor | Democratic/Working Families | Senate | 13 |
| Luis Sepúlveda | Co-sponsor | Democratic | Senate | 32 |
“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 CITIES 1
- REPORTED AND COMMITTED TO FINANCE
- REFERRED TO CITIES 1