New York 2025 Session Status: Introduced

A7943 — Provides for a real property tax exemption for property owned by certain limited liability companies

Last action — In Assembly Committee

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Assembly. Introduced April 16, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

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.

Bill Text

Action History

  1. REFERRED TO REAL PROPERTY TAXATION

  2. REFERRED TO REAL PROPERTY TAXATION

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 218 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (218)

218 members have not signed on to this bill.

Show all 218 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does A7943 do?
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.
Who sponsors A7943?
A7943 is sponsored by Paula Kay.
What is the current status of A7943?
This bill has been introduced in the Assembly. Introduced April 16, 2025. It must pass committee before a floor vote.
Where can I track A7943?
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Last checked for changes 3 months ago · updated continuously

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