NY A02626 | 2025-2026 | General Assembly

Status

Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on January 21 2025 - 25% progression
Action: 2025-01-21 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Enacts the "mansion tax adjustment act"; increases the sales price threshold for real property conveyances that will trigger additional sales tax.

Tracking Information

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Title

Enacts the "mansion tax adjustment act"; increases the sales price threshold for real property conveyances that will trigger additional sales tax.

Sponsors


History

DateChamberAction
2025-01-21Assemblyreferred to ways and means

New York State Sources


Bill Comments

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