NY S04858 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 27 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 27 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue 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
History
Date | Chamber | Action |
---|---|---|
2020-01-08 | Senate | REFERRED TO BUDGET AND REVENUE |
2019-03-27 | Senate | REFERRED TO BUDGET AND REVENUE |
Same As/Similar To
A06124 (Same As) 2020-07-17 - held for consideration in ways and means