Assembly bill · A10812 (2025-26)
Increases the threshold for the additional tax on real estate transfers
New York State Assembly
Sponsor: Jake Ryan Blumencranz (Assembly Member, District 15, Republican/Conservative)
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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 21, 2026. About our data
Summary
Enacts the "middle-class homebuyer protection act" to increase the additional tax imposed on residential real property if the consideration for the conveyance from $1,000,000 to $4,500,000 where the residential structure contains five thousand square feet or more of livable interior space.
Summary from NY Open Legislation. How we handle summaries
Amends the Tax Law.
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Ways and Means · New York State Assembly
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Full history
- Jun 4, 2026
Held for Consideration in Ways and Means
HELD FOR CONSIDERATION IN WAYS AND MEANS
NY Assembly
- Apr 1, 2026
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
Read the record
- Read on NY Senate (opens in a new tab) The official record on nysenate.gov.