Changes the amount of the exemption permitted for capital improvements to residential buildings

Changes the amount of the exemption permitted for capital improvements to residential buildings to $200,000 where a local law or resolution is adopted on or after January 1, 2026.

Voted 5/15/2026

Roll-call record

How representatives voted

11 yea·0 nay

Cordell Cleare
State Senator · Democratic · NY
Yea
Brian Kavanagh
State Senator · Democratic · NY
Yea
Jabari Brisport
State Senator · Democratic/Working Families · NY
Yea
Pam Helming
State Senator · Republican/Conservative/Independence · NY
Yea
Jack Martins
State Senator · Republican/Conservative · NY
Yea
Robert Jackson
State Senator · Democratic/Working Families · NY
Yea
Gustavo Rivera
State Senator · Democratic/Working Families · NY
Yea
Mark Walczyk
State Senator · Republican/Conservative · NY
Yea
Julia Salazar
State Senator · Democratic/Working Families · NY
Yea
Rachel May
State Senator · Democratic/Working Families · NY
Yea
Sean Ryan
State Senator · NY
Yea

Docket history

Action history

1/7/2026REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
3/3/2025REPORTED AND COMMITTED TO FINANCE
1/16/2025REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT