NY A05666 | 2021-2022 | General Assembly
Status
Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on February 22 2021 - 25% progression, died in committee
Action: 2022-01-05 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 22 2021 - 25% progression, died in committee
Action: 2022-01-05 - referred to 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 downpayment 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.
Title
Grants credit against personal income tax to purchasers of residential housing in the amount of any downpayment 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
| Asm. Michael Fitzpatrick [R] | Asm. David DiPietro [R] | Asm. Michael Reilly [R] | Asm. John Salka [R] |
| Asm. Christopher Tague [R] | Asm. Brian Manktelow [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-05 | Assembly | referred to ways and means |
| 2021-02-22 | Assembly | referred to ways and means |
