Bill Commons

NY A 1818

in committee

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

New York · 2025-2026 Regular Session · lower

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
—
Status date
—
Latest action
2026-01-07 — REFERRED TO WAYS AND MEANS
Bill type
bill
Last updated
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Sponsors

  • Michaelle C. Solagesprimary
  • Steven Ragacosponsor
  • Grace Leecosponsor
  • Anna Kellescosponsor

Committees

Not provided by source.

Action timeline

  1. 2025-01-14

    REFERRED TO WAYS AND MEANS

    referral-committee

  2. 2026-01-07

    REFERRED TO WAYS AND MEANS

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/A1818?summary=&detail=

Attribution

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

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