· NY legislature · 2025-2026

Changes the amount of the exemption permitted for capital improvements to residential buildings

Changes the amount of the exemption permitted for capital improvements to residential buildings to $200,000 where a local law or resolution is adopted on or after January 1, 2026.

Sponsor

Pat Fahy (D-NY)

Introduced

2025-01-16

Latest action

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT