Assembly bill · A7943 (2025-26)
Provides for a real property tax exemption for property owned by certain limited liability companies
New York State Assembly
Sponsor: Paula Kay (Assembly Member, District 100, Democratic)
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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 20, 2026. About our data
Summary
Provides for a real property tax exemption for property owned by single-member limited liability companies where such property serves as the primary residence of such member.
Summary from NY Open Legislation. How we handle summaries
Amends the Real Property Tax Law.
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Real Property Taxation · New York State Assembly
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Full history
- Jan 7, 2026
Referred to committee
REFERRED TO REAL PROPERTY TAXATION
NY Assembly
- Apr 16, 2025
Referred to committee
REFERRED TO REAL PROPERTY TAXATION
NY Assembly
Read the record
- Read on NY Senate (opens in a new tab) The official record on nysenate.gov.