Bill Commons

NY S 1572

in committee

Enacts the "End Hedge Fund Control of New York Homes Act"

New York · 2025-2026 Regular Session · upper

Quick answers

Did NY S 1572 pass?

Not yet. NY S 1572 is in committee as of 2026-03-24 and has not come to a final vote. Latest recorded action (2026-03-24): REPORTED AND COMMITTED TO FINANCE

What is NY S 1572 about?

Imposes an excise tax on the failure of certain hedge funds owning excess single-family residences to dispose of such residences; establishes the housing down payment trust fund to provide funds to state housing finance agencies to establish new or supplement existing programs that provide down payment assistance to families purchasing homes within the state.

Who sponsors NY S 1572?

Liz Krueger is the primary sponsor of NY S 1572.

Description

Imposes an excise tax on the failure of certain hedge funds owning excess single-family residences to dispose of such residences; establishes the housing down payment trust fund to provide funds to state housing finance agencies to establish new or supplement existing programs that provide down payment assistance to families purchasing homes within the state.

Introduced
—
Latest action
2026-03-24 — REPORTED AND COMMITTED TO FINANCE
Bill type
bill
Last updated
—

Sponsors

  • Liz Kruegerprimary

Committees

Not provided by source.

Action timeline

  1. 2025-01-10

    REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

    referral-committee

  2. 2026-01-07

    REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

    referral-committee

  3. 2026-03-24

    REPORTED AND COMMITTED TO FINANCE

    referral-committee

Versions

Documents

Votes

  • Investigations And Government Operations Vote

    2026-03-24 · pass · 5-2

    Member-level votes (7)
    • Erik Bottcher: yes
    • Siela Bynoe: yes
    • Cordell Cleare: yes
    • Rachel May: yes
    • James Skoufis: yes
    • Stephen T. Chan: no
    • Thomas F. O'Mara: no

Related bills

  • Prior session: S 9096not in this corpus
  • Companion bill: A 1818

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/S1572?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

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 1572. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

See the methodology page for data sources and limitations.