Bill Title: Provides for personal income taxpayers who are first-time home buyers a credit for interest paid on a purchase money loan/mortgage of 25% of the annual interest paid over the life of the loan; allows for carryover where the credit exceeds the tax due; provides for recapture if the property ceases to qualify during the first five years after acquisition; creates the mortgage credit certificate credit against personal income tax.

Spectrum: Moderate Partisan Bill (Republican 7-1)

Status: (Introduced - Dead) 2013-01-24 - referred to ways and means [A03276 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	1969-12-31	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for New York A03276

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for New York A03276 currently on file.

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