New York 2025-2026 Regular Session

New York Assembly Bill A07525

Introduced
4/1/25  
Refer
4/1/25  

Caption

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.

Companion Bills

NY S00850

Same As 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.

Previously Filed As

NY S00850

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.

NY HB2133

Relating to a one-time credit against the ad valorem taxes imposed by a taxing unit on the first property that a person purchases and qualifies as the person's residence homestead and to the effect of the credit on the determination of the taxable value of a school district.

NY HB657

Income Taxes; to provide a one-time refundable income tax credit to qualified taxpayers

NY S08489

Establishes a real property tax freeze credit for taxpayers in certain eligible school districts.

NY A10779

Establishes a real property tax freeze credit for taxpayers in certain eligible school districts.

NY S08675

Establishes the CareForce first-time homebuyers program under which certain first-time homebuyers may receive below-market mortgage financing and forgivable down payment assistance.

NY A10449

Establishes the CareForce first-time homebuyers program under which certain first-time homebuyers may receive below-market mortgage financing and forgivable down payment assistance.

NY A10575

Creates the middle class circuit breaker tax credit allowing a credit against personal income tax, equal to seventy percent of the amount by which the taxpayer's net real property tax or the taxpayer's real property tax equivalent exceeds the taxpayer's maximum real property tax; establishes a tax reform study commission.

NY S3518

Allows gross income tax refunds to be credited against taxpayer's delinquent local property taxes.

NY A4607

Allows gross income tax refunds to be credited against taxpayer's delinquent local property taxes.

Similar Bills

No similar bills found.