Senate bill · S10500 (2025-26)
Relates to affordable housing in New York city
New York State Senate
Same as A11484, the matching bill in the Assembly.
Summary
Provides that no tax exemption shall be given for any unit that has not agreed in writing to maintain such unit as their primary residence for no less than five years from the acquisition of such unit.
Summary from NY Open Legislation. How we handle summaries
Amends the Real Property Tax Law.
From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 21, 2026. About our data
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Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Local Government · New York State Senate
Also referred to Real Property Taxation · New York State Assembly.
Full history
- May 27, 2026
Referred to committee
REFERRED TO REAL PROPERTY TAXATION
NY Assembly
- May 15, 2026
Referred to committee
REFERRED TO LOCAL GOVERNMENT
NY Senate