New York 2025 Session Status: Introduced

S10519 — Relates to the tangible property credit component of the brownfield redevelopment tax credit

Last action — In Senate Committee

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

This bill has been introduced in the Senate. Introduced May 15, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Not enough signal yet

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.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

The bill extends a tax credit for brownfield redevelopment that meets specific criteria.

This legislation extends the tangible property credit component of the brownfield redevelopment tax credit for qualified sites that include a significant amount of open space and affordable housing units. It aims to incentivize redevelopment projects that also focus on community needs.

What this means for you
  • Families: Families may benefit from increased affordable housing options resulting from this redevelopment initiative.
  • Small Business: This could provide financial incentives for small businesses involved in redevelopment projects meeting the outlined criteria.

Summary

Extends the tangible property credit component of the brownfield redevelopment tax credit for certain qualified sites which contain 40% open space and 25% affordable housing units.

Bill Text

Action History

  1. PRINT NUMBER 10519A

  2. AMEND AND RECOMMIT TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

  3. REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

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 environment
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 S10519 do?
Extends the tangible property credit component of the brownfield redevelopment tax credit for certain qualified sites which contain 40% open space and 25% affordable housing units.
Who sponsors S10519?
S10519 is sponsored by Kristen Gonzalez.
What is the current status of S10519?
This bill has been introduced in the Senate. Introduced May 15, 2026. It must pass committee before a floor vote.
Where can I track S10519?
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Last checked for changes 3 months ago · updated continuously

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