Creates an office to residential conversion tax credit and a historic preservation rehabilitation office to residential conversion tax credit

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 1 Sponsors

Creates an office to residential conversion tax credit which shall be administered by the empire state development corporation; creates a historic preservation rehabilitation office to residential conversion tax credit which shall be administered by the state historic preservation office.

Chamber: Senate
Introduced: Feb 19, 2026
Last action: Feb 19, 2026 — REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
Session: 2025-2026
Momentum: 32 · Low

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base In Committee — base rate 5%, measured from NY's completed sessions
Momentum -4 32/100 from the pace of recorded action
Time since last action -22 241 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.