Bill Commons

NY A 7479

in committee

Enacts the "homebuyer renovation property tax exemption act"

New York · 2025-2026 Regular Session · lower

Quick answers

Did NY A 7479 pass?

Not yet. NY A 7479 is in committee as of 2026-01-07 and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO REAL PROPERTY TAXATION

What is NY A 7479 about?

Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".

Who sponsors NY A 7479?

Michael Novakhov is the primary sponsor of NY A 7479, joined by 2 cosponsors.

Description

Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".

Introduced
—
Latest action
2026-01-07 — REFERRED TO REAL PROPERTY TAXATION
Bill type
bill
Last updated
—

Sponsors

  • Michael Novakhovprimary
  • Michael J. Fitzpatrickcosponsor
  • Daniel Norbercosponsor

Committees

Not provided by source.

Action timeline

  1. 2025-03-28

    REFERRED TO REAL PROPERTY TAXATION

    referral-committee

  2. 2026-01-07

    REFERRED TO REAL PROPERTY TAXATION

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

  • Prior session: A 9710not in this corpus
  • Companion bill: S 852

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/A7479?summary=&detail=

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Use this data

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Known limitations

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  • Committee referrals are not yet captured.

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