A11484 — Relates to affordable housing in New York city
Last action — In Assembly Committee
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1Introduced
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2In Committee
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3Passed Assembly
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4Passed Senate
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5To Executive
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6Enacted
This bill has been introduced in the Assembly. Introduced May 27, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow 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
The bill regulates tax exemptions for certain housing units in New York City.
The bill stipulates that tax exemptions cannot be granted for housing units unless the owner commits to using it as their primary residence for at least five years. This aims to ensure that housing remains affordable and is used as intended.
What this means for you
- Families: This bill may help families by preserving affordable housing units for long-term residents.
Summary
Provides that no tax exemption shall be given for any unit that has not agreed in writing to maintain such unit as their primary residence for no less than five years from the acquisition of such unit.
Bill Text
- Full text View text Current
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
This bill amends 1 section(s) of the New York Consolidated Laws: Section 485-x of the real property tax law.
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Section 485-x of the real property tax law
each owner unit→ at least sixty percent of the owners units ; provided, however, that any unit who has not signed such an agreement shall not be eligible for any exemption of taxes pursuant to paragraph (e) of subdivision two of this section : (A) ; or (B) any unit who has not agreed in writing to maintain such unit as their primary residence for no less than five years from the acquisition of such unit : (A) ; or (B) any unit who has not agreed in writing to maintain such unit as their primary resi- dence for no less than five years from the acquisition of such unit italicsamended
Action History
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REFERRED TO REAL PROPERTY TAXATION
Sponsors
- Simcha Eichenstein · Primary
Sponsorship breakdown
Export CSV (upgrade) →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.
Subjects
Frequently asked questions
- What does A11484 do?
- Provides that no tax exemption shall be given for any unit that has not agreed in writing to maintain such unit as their primary residence for no less than five years from the acquisition of such unit.
- Who sponsors A11484?
- A11484 is sponsored by Simcha Eichenstein.
- What is the current status of A11484?
- This bill has been introduced in the Assembly. Introduced May 27, 2026. It must pass committee before a floor vote.
- Where can I track A11484?
- Track A11484 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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