New York 2025 Session Status: Introduced

A10588 — Permits multiple transfers of low-income housing tax credits

Last action — Assembly Floor Calendar

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  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 March 13, 2026. 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.

In plain language

Allows more than one transfer of low-income housing tax credits.

This bill permits multiple transfers of low-income housing tax credits, facilitating their circulation. This change aims to enhance flexibility in the housing market.

What this means for you
  • Families: An increase in affordable housing opportunities may benefit families seeking low-income housing options.
  • Small Business: This could create more opportunities for small businesses involved in affordable housing to access funding through tax credit transfers.

Summary

Permits multiple transfers of low-income housing tax credits.

Bill Text

Action History

  1. SUBSTITUTED BY S9571

  2. ORDERED TO THIRD READING RULES CAL.318

  3. RULES REPORT CAL.318

  4. REPORTED

  5. REPORTED REFERRED TO RULES

  6. REPORTED REFERRED TO WAYS AND MEANS

  7. REFERRED TO HOUSING

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.

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"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

taxation housing
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 A10588 do?
Permits multiple transfers of low-income housing tax credits.
Who sponsors A10588?
A10588 is sponsored by Linda Rosenthal.
What is the current status of A10588?
This bill has been introduced in the Assembly. Introduced March 13, 2026. It must pass committee before a floor vote.
Where can I track A10588?
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Last checked for changes 4 months ago · updated continuously

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