Bill Commons

NY A 7940

in committee

Relates to the motor vehicle exemption and the homestead exemption for certain money judgments and bankruptcy proceedings

New York · 2025-2026 Regular Session · lower

Quick answers

Did NY A 7940 pass?

Not yet. NY A 7940 is in committee as of 2026-02-25 and has not come to a final vote. Latest recorded action (2026-02-25): REPORTED REFERRED TO WAYS AND MEANS

What is NY A 7940 about?

Relates to the calculation of the homestead exemption amount; relates to the indexing of the homestead exemption for housing value changes; increases the amount of the motor vehicle exemption; limits the homestead exemption available to bankruptcy debtors to one exemption per household; increases the motor vehicle exemption available in bankruptcy proceedings.

Who sponsors NY A 7940?

Harry B. Bronson is the primary sponsor of NY A 7940.

Description

Relates to the calculation of the homestead exemption amount; relates to the indexing of the homestead exemption for housing value changes; increases the amount of the motor vehicle exemption; limits the homestead exemption available to bankruptcy debtors to one exemption per household; increases the motor vehicle exemption available in bankruptcy proceedings.

Introduced
—
Latest action
2026-02-25 — REPORTED REFERRED TO WAYS AND MEANS
Bill type
bill
Last updated
—

Sponsors

  • Harry B. Bronsonprimary

Committees

Not provided by source.

Action timeline

  1. 2025-04-16

    REFERRED TO CODES

    referral-committee

  2. 2026-01-07

    REFERRED TO CODES

    referral-committee

  3. 2026-02-25

    REPORTED REFERRED TO WAYS AND MEANS

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/A7940?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=A 7940. 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.

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