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New York policy

A11678: Expands the tax exemption for first-time home buyers

NY Assembly · Sponsor Edward Ra

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
September 2, 2026

What it requires

Expands the tax exemption levied on certain residential property for first-time home buyers by removing the requirement that such residential property be newly constructed.

ny-stateassemblylegislationbill

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