Assembly bill · A7484 (2025-26)
Authorizes the establishment of the home equity protection insurance program
New York State Assembly
Sponsor: Michael Novakhov (Assembly Member, District 45, Republican/Conservative)
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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
Authorizes the establishment of the home equity protection insurance program directing the agency to issue a commitment to insure and insure the full value of certain residences which are owner-occupied by persons who meet certain income qualifications.
Summary from NY Open Legislation. How we handle summaries
Amends the Public Authorities Law.
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Housing · New York State Assembly
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Cosponsors
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Read on NY Senate (opens in a new tab)- Republican11
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Full history
- Jan 7, 2026
Referred to committee
REFERRED TO HOUSING
NY Assembly
- Mar 28, 2025
Referred to committee
REFERRED TO HOUSING
NY Assembly
Read the record
- Read on NY Senate (opens in a new tab) The official record on nysenate.gov.