NY A02575 | 2011-2012 | General Assembly

Status

Spectrum: Moderate Partisan Bill (Republican 8-1)
Status: Introduced on January 19 2011 - 25% progression, died in committee
Action: 2012-06-19 - held for consideration in ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Grants credit against personal income tax to purchasers of residential housing in the amount of any down payment made on such housing; provides that the maximum credit shall not exceed 5 percent of the purchase price of the residential housing; requires taxpayers to meet eligibility requirements imposed by the state of New York mortgage agency.

Tracking Information

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Title

Grants credit against personal income tax to purchasers of residential housing in the amount of any down payment made on such housing; provides that the maximum credit shall not exceed 5 percent of the purchase price of the residential housing; requires taxpayers to meet eligibility requirements imposed by the state of New York mortgage agency.

Sponsors


History

DateChamberAction
2012-06-19Assemblyheld for consideration in ways and means
2012-01-04Assemblyreferred to ways and means
2011-01-19Assemblyreferred to ways and means

Same As/Similar To

S00762 (Same As) 2012-01-04 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

New York State Sources


Bill Comments

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