New York 2025 Session Status: Introduced

S10652 — Enacts the "mansion tax adjustment act"

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 June 03, 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

The bill raises the sales price threshold for additional sales tax on property sales.

This legislation alters the conditions under which extra sales tax applies to real property transfers by increasing the sales price threshold. It aims to adjust tax implications for larger property sales.

What this means for you
  • Consumers: This may affect homebuyers and sellers by changing the tax burden on more expensive properties.
  • Small Business: Real estate businesses could experience changes in transaction dynamics based on the adjusted tax threshold.

Summary

Enacts the "mansion tax adjustment act"; increases the sales price threshold for real property conveyances that will trigger additional sales tax.

Bill Text

Action History

  1. REFERRED TO RULES

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

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 S10652 do?
Enacts the "mansion tax adjustment act"; increases the sales price threshold for real property conveyances that will trigger additional sales tax.
Who sponsors S10652?
S10652 is sponsored by Pete Harckham.
What is the current status of S10652?
This bill has been introduced in the Senate. Introduced June 03, 2026. It must pass committee before a floor vote.
Where can I track S10652?
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Last checked for changes 3 months ago · updated continuously

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