Grants real property tax abatement to rent-controlled or rent regulated properties when the maximum authorized rent exceeds 1/2 of the tenants' household income

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 3 Sponsors

Jan 7, 2026 · Senate

REFERRED TO CITIES 1

Feb 25, 2025 · Senate

REPORTED AND COMMITTED TO FINANCE

Jan 14, 2025 · Senate

REFERRED TO CITIES 1

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base In Committee — base rate 5%, measured from NY's completed sessions
Momentum -3 35/100 from the pace of recorded action
Time since last action -22 289 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.