New York 2025 Session Status: Passed Senate

S9571 — Permits multiple transfers of low-income housing tax credits

Last action — Passed Assembly

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

This bill has passed the Senate. Introduced March 25, 2026. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the Assembly.

Prognosis

Stalled 26% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Passed Senate

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

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

The bill allows multiple transfers of low-income housing tax credits.

This legislation permits the repeated transfer of low-income housing tax credits, potentially increasing their availability for developers. This can help stimulate affordable housing projects.

What this means for you
  • Small Business: For small developers, this means a greater opportunity to access low-income housing tax credits for projects.

Summary

Permits multiple transfers of low-income housing tax credits.

Bill Text

Action History

  1. RETURNED TO SENATE

  2. PASSED ASSEMBLY

  3. ORDERED TO THIRD READING RULES CAL.318

  4. SUBSTITUTED FOR A10588

  5. REFERRED TO WAYS AND MEANS

  6. DELIVERED TO ASSEMBLY

  7. PASSED SENATE

  8. ADVANCED TO THIRD READING

  9. 2ND REPORT CAL.

  10. 1ST REPORT CAL.892

  11. REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

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

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 S9571 do?
Permits multiple transfers of low-income housing tax credits.
Who sponsors S9571?
S9571 is sponsored by Brian Kavanagh.
What is the current status of S9571?
This bill has passed the Senate. Introduced March 25, 2026. It now moves to the second chamber.
Where can I track S9571?
Track S9571 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 4 months ago · updated continuously

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