NY S01001 | 2019-2020 | General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2019 - 25% progression, died in chamber
Action: 2019-03-19 - RECOMMIT, ENACTING CLAUSE STRICKEN
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.

Tracking Information

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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


History

DateChamberAction
2019-03-19SenateRECOMMIT, ENACTING CLAUSE STRICKEN
2019-01-10SenateREFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

Same As/Similar To

A06124 (Same As) 2020-07-17 - held for consideration in ways and means

New York State Sources


Bill Comments

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