Bill Commons

NY A 7525

in committee

Establishes the first-time homebuyer tax credit act

New York · 2025-2026 Regular Session · lower

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Quick answers

Did NY A 7525 pass?

Not yet. NY A 7525 is in committee and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO WAYS AND MEANS

What is NY A 7525 about?

Establishes the "first-time homebuyer tax credit act"; provides that a qualified taxpayer shall be allowed a credit against the taxes imposed by this article for taxes levied on the taxpayer's primary residence by or on behalf of any county, city, town, village, or school district in which such property is located.

Who sponsors NY A 7525?

Michael J. Fitzpatrick is the primary sponsor of NY A 7525.

Description

Establishes the "first-time homebuyer tax credit act"; provides that a qualified taxpayer shall be allowed a credit against the taxes imposed by this article for taxes levied on the taxpayer's primary residence by or on behalf of any county, city, town, village, or school district in which such property is located.

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

Sponsors

  • Michael J. Fitzpatrickprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-01-07

    REFERRED TO WAYS AND MEANS

    referral-committee

  2. 2025-06-06

    HELD FOR CONSIDERATION IN WAYS AND MEANS

    failure

  3. 2025-04-01

    REFERRED TO WAYS AND MEANS

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

  • Prior session: A 9717not in this corpus
  • Companion bill: S 850

Official source

Attribution

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

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