New York 2025-2026 Regular Session

New York Assembly Bill A03625

Introduced
1/29/25  
Refer
1/29/25  

Caption

Imposes a tax on the transfer of certain real property within two years of the prior transfer of such property and provides for exemptions from such tax.

Companion Bills

No companion bills found.

Previously Filed As

NY HB5872

Property tax: assessments; taxable value of transferred property; modify. Amends sec. 27a of 1893 PA 206 (MCL 211.27a).

NY A00342

Establishes the end predatory home flipping act; imposes a tax on the transfer of certain residential properties which are sold within two years of the prior conveyance of such property; exempts certain purchases of residential properties from mortgage recording taxes; imposes a tax on the transfer of certain properties in the city of New York which are sold for one million dollars or more.

NY S00574

Establishes the end predatory home flipping act; imposes a tax on the transfer of certain residential properties which are sold within two years of the prior conveyance of such property; exempts certain purchases of residential properties from mortgage recording taxes; imposes a tax on the transfer of certain properties in the city of New York which are sold for one million dollars or more.

NY A575

Increases threshold from $1 million to $2 million for imposition of certain fees and taxes on certain real property transfers.

NY HB4014

Property tax: assessments; transfer of ownership of certain real property to certain individuals; exempt from uncapping of taxable value upon transfer. Amends sec. 27a of 1893 PA 206 (MCL 211.27a).

NY SB293

Real property tax: transfer of base year value: generational transfers: wildfire.

NY S03737

Relates to preventing fraudulent deed transfers; protects home owners from being misled into transferring their home to mortgage servicers.

NY A08620

Provides that the transfer of certain state lands to KIPP: Albany Community Public Charter Schools shall be made after the submission of the application to the office of general services for such transfer, and prior to the expiration of provisions authorizing such transfer; extends the effectiveness of certain provisions relating thereto.

NY S08041

Provides that the transfer of certain state lands to KIPP: Albany Community Public Charter Schools shall be made after the submission of the application to the office of general services for such transfer, and prior to the expiration of provisions authorizing such transfer; extends the effectiveness of certain provisions relating thereto.

NY S3309

Eliminates tiered fee structure for fees and taxes imposed on property transfers valued over $1 million.

Similar Bills

CA SB1352

Property taxation: newly constructed: reconstructed property.

CA AB245

Property taxation: application of base year value: disaster relief.

CA SB1053

Property taxation: transfer of base year value: disaster relief.

HI HB1398

Relating To Property.

HI HB1398

Relating To Property.

CA SB603

An act to amend Section 69 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.

TX HB2011

Relating to the right to repurchase from a condemning entity certain real property for which ad valorem taxes are delinquent.