Bill Title: Establishes a five-year moratorium on foreign entities purchasing homes in New York state unless the purchase is for a primary residence; directs the department of state to conduct a study on the effects of the moratorium on the housing market and to send a report on the study to the legislature; specifies data and indicators to analyze for the study; defines terms.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced) 2025-02-10 - referred to housing [A04965 Detail]

Text: Latest bill text (Introduced) [HTML]

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