· NY legislature · 2025-2026

Establishes a tax credit for rent paid on the personal residence of certain taxpayers

Establishes a tax credit for rent paid on the personal residence of certain taxpayers who lease the taxpayer's primary residence during the taxable year and who pay rent with respect to such residence in excess of thirty percent of such taxpayer's gross income for such taxable year.

Sponsor

Linda Rosenthal (D-NY)

Introduced

2025-01-23

Policy area

Taxation

Latest action

REFERRED TO WAYS AND MEANS