Bill Commons

NY S 5716

in committee

Requires certain joint tax returns pertaining to residential real estate cash purchases by limited liability companies to disclose the source of funds used for the purchase

New York · 2025-2026 Regular Session · upper

Quick answers

Did NY S 5716 pass?

Not yet. NY S 5716 is in committee as of 2026-01-07 and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO BUDGET AND REVENUE

What is NY S 5716 about?

Requires certain joint tax returns pertaining to residential real estate cash purchases by limited liability companies to be accompanied by a document which identifies the source or sources of funds used for the purchase, including the type of funding used, the bank account information of any funds used in the purchase and the amount used by each source of funds.

Who sponsors NY S 5716?

James Skoufis is the primary sponsor of NY S 5716.

Description

Requires certain joint tax returns pertaining to residential real estate cash purchases by limited liability companies to be accompanied by a document which identifies the source or sources of funds used for the purchase, including the type of funding used, the bank account information of any funds used in the purchase and the amount used by each source of funds.

Introduced
—
Latest action
2026-01-07 — REFERRED TO BUDGET AND REVENUE
Bill type
bill
Last updated
—

Sponsors

  • James Skoufisprimary

Committees

Not provided by source.

Action timeline

  1. 2025-02-28

    REFERRED TO BUDGET AND REVENUE

    referral-committee

  2. 2026-01-07

    REFERRED TO BUDGET AND REVENUE

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

  • Prior session: A 9838not in this corpus
  • Prior session: S 8112not in this corpus
  • Companion bill: A 8398

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/S5716?summary=&detail=

Attribution

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

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Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=NY&identifier=S 5716. See the API docs or the MCP server for AI assistants.

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