· NY legislature · 2025-2026

Enacts the "homebuyer renovation property tax exemption act"

Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the pro…

Sponsor

Misha Novakhov (R-NY)

Introduced

2025-03-28

Policy area

Housing and Community Development

Latest action

REFERRED TO REAL PROPERTY TAXATION