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New York · 2025 Regular Session · Bill

S 574: Establishes the end predatory home flipping act

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 574 is a bill introduced in the New York Senate on January 8, 2025. According to its official title, it concerns: Establishes the end predatory home flipping act. Primary sponsor: Julia Salazar (Democratic/Working Families). It lists 12 additional sponsors. Most recent recorded action (May 14, 2026): PRINT NUMBER 574A.

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.

Establishes the end predatory home flipping act; imposes a tax on the transfer of certain residential properties which are sold within two years of the prior conveyance of such property; exempts certain purchases of residential properties from mortgage recording taxes; imposes a tax on the transfer of certain properties in the city of New York which are sold for one million dollars or more.

Sponsors

Sponsors by party (alphabetical): Democratic 6 · Democratic/Working Families 5

NameRolePartyChamberDistrict
Julia SalazarPrimary sponsorDemocratic/Working FamiliesSenate18
Jabari BrisportCo-sponsorDemocratic/Working FamiliesSenate25
Cordell CleareCo-sponsorDemocraticSenate30
Leroy ComrieCo-sponsorDemocraticSenate14
Nathalia FernándezCo-sponsorDemocraticSenate34
Michael GianarisCo-sponsorNot applicable (committee)——
Kristen GonzalezCo-sponsorDemocratic/Working FamiliesSenate59
Brad Hoylman-SigalCo-sponsorNot applicable (committee)——
Robert JacksonCo-sponsorDemocratic/Working FamiliesSenate31
Zellnor MyrieCo-sponsorDemocraticSenate20
Jessica RamosCo-sponsorDemocratic/Working FamiliesSenate13
James SandersCo-sponsorDemocraticSenate10
Luis SepúlvedaCo-sponsorDemocraticSenate32

“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. PRINT NUMBER 574A
  2. AMEND AND RECOMMIT TO CITIES 1
  3. REFERRED TO CITIES 1
  4. REFERRED TO CITIES 1

Sources

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