New York 2025 Session Status: Introduced

A11678 — Expands the tax exemption for first-time home buyers

Last action — In Assembly Committee

Track this bill free

No card. One bill, free forever — alerts when it moves.

  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 September 02, 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

Expands tax exemption for first-time home buyers to include existing homes.

The bill allows first-time home buyers to qualify for a tax exemption on residential properties that are not newly constructed. This change aims to make home ownership more accessible for new buyers.

What this means for you
  • Families: This means families looking to buy their first home can benefit from tax exemptions on a broader range of properties.

Summary

Expands the tax exemption levied on certain residential property for first-time home buyers by removing the requirement that such residential property be newly constructed.

Bill Text

How this bill changes current law

1 change Share ↗

Compared against the New York Consolidated Laws as published AI-generated reading aid — verify against the official bill.

This bill amends 1 section(s) of the New York Consolidated Laws: Section 457 of the real property tax law.

  • Section 457 of the real property tax law

    of newly constructed homes Newly constructed primary newly constructed newly constructed Newly constructed primary newly constructed newly constructed newly constructed twenty- eight twenty-eight newly constructed newly constructed his or her (c) "Newly constructed" means an improvement to real property which was constructed as a primary residential property, and which has never been occupied and was constructed after the effective date of this section. "Newly constructed" shall also mean that portion of a primary residential property that is altered, improved or reconstructed. → Primary italics Local laws adopted pursuant to this section prior to assessment rolls based upon taxable status dates occurring on or after March first, two thousand twenty-seven may remain in effect as enacted unless the legis- lative body or governing board of such county, city, town, village or school district adopts a new resolution to expand the exemption to include all primary residential properties purchased by eligible first- time homebuyers. Primary thirty-four thirty-four their

    amended

Action History

  1. REFERRED TO REAL PROPERTY TAXATION

Sponsors

  • Edward Ra · Primary

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 218 not signed on

Sponsors (1)

  • Edward Ra

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 A11678 do?
Expands the tax exemption levied on certain residential property for first-time home buyers by removing the requirement that such residential property be newly constructed.
Who sponsors A11678?
A11678 is sponsored by Edward Ra.
What is the current status of A11678?
This bill has been introduced in the Assembly. Introduced September 02, 2026. It must pass committee before a floor vote.
Where can I track A11678?
Track A11678 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on A11678

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of A11678

Last checked for changes about 1 month ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →