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New York policy

A5946: Creates the real property regulatory impacts act

NY Assembly · Sponsor Michael J. Fitzpatrick

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
January 7, 2026

What it requires

Creates the real property regulatory impacts act; provides that the owner of any real property may bring an action against the state whenever the application of any state statute, rule or regulation to such property causes a diminution in value of fifty percent or more.

ny-stateassemblylegislationbill

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