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New York · 2025 Regular Session · Bill

S 414: Relates to assessments on class one dwellings

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

S 414 is a bill introduced in the New York Senate on January 8, 2025. According to its official title, it concerns: Relates to assessments on class one dwellings. Primary sponsor: Andrew Gounardes (Democratic). Most recent recorded action (January 7, 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.

Provides that the cap on assessment increases for class one dwellings shall not apply to dwellings assessed at over three million dollars where the owners have a gross household income not exceeding $250,000.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Andrew GounardesPrimary sponsorDemocraticSenate26

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO LOCAL GOVERNMENT
  2. REFERRED TO LOCAL GOVERNMENT

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source