New York 2025 Session Status: Introduced

S5642 — Requires a sworn affidavit stating the seller was informed of the fair market value of the property

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 February 26, 2025. 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.

Summary

Requires a sworn affidavit stating the seller was informed of the fair market value of the property which includes an estimate of the fair market value of the property be included in the real property transfer form.

Bill Text

Action History

  1. REFERRED TO JUDICIARY

  2. REFERRED TO JUDICIARY

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

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Frequently asked questions

What does S5642 do?
Requires a sworn affidavit stating the seller was informed of the fair market value of the property which includes an estimate of the fair market value of the property be included in the real property transfer form.
Who sponsors S5642?
S5642 is sponsored by Jamaal Bailey.
What is the current status of S5642?
This bill has been introduced in the Senate. Introduced February 26, 2025. It must pass committee before a floor vote.
Where can I track S5642?
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Last checked for changes 3 months ago · updated continuously

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