Relates to creating the Neighborhood Small Business Rent Increase Exemption

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In Committee

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Relates to creating the Neighborhood Small Business Rent Increase Exemption; provides a tax abatement for limiting rent increases on small businesses in a city of one million or more persons.

Chamber: House
Introduced: Apr 16, 2025
Last action: Feb 23, 2026 — PRINT NUMBER 7996A
Session: 2025-2026
Momentum: 40 · Moderate

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Amended — base rate 13%, measured from NY's completed sessions
Momentum -2 40/100 from the pace of recorded action
Time since last action -22 237 days quiet

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