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Assembly bill · A7061 (2025-26)

Establishes the temporary state commission on New York city property tax reform

New York State Assembly

Latest action Jan 7, 2026

Sponsor: Edward Braunstein (Assembly Member, District 26, Democratic)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 19, 2026. About our data

Summary

Establishes the 13 member temporary state commission on New York city property tax reform to propose property tax reform for the city of New York that promotes fairness, clarity, and simplicity; that eliminates structural inequality and taxes similar properties similarly; that encourages the development and preservation of affordable and multifamily housing; that includes owner relief programs and an approach to transition that insures low- and moderate-income owners have affordable tax bills and that primary residents are not displaced from their homes; and that does not diminish revenue for the city of New York.

Summary from NY Open Legislation. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Real Property Taxation · New York State Assembly

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Full history

  1. Jan 7, 2026

    Referred to committee

    REFERRED TO REAL PROPERTY TAXATION

    NY Assembly

  2. Mar 20, 2025

    Referred to committee

    REFERRED TO REAL PROPERTY TAXATION

    NY Assembly

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