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Bill May 21, 2026

Establishes the end predatory home flipping act

Establishes the end predatory home flipping act; imposes a tax on the transfer of certain residential properties which are sold within two years of the prior conveyance of such property; exempts certain purchases of residential properties from mortgage recording taxes; imposes a tax on the transfer of certain properties in the city of New York which are sold for one million dollars or more.

https://openstates.org/ny/bills/2025-2026/S574/
Julia Salazar State Senator Jabari Brisport State Senator Cosponsor Cordell Cleare State Senator Cosponsor Leroy Comrie State Senator Cosponsor Michael Gianaris State Senator Cosponsor Kristen Gonzalez State Senator Cosponsor Robert Jackson State Senator Cosponsor Zellnor Myrie State Senator Cosponsor Jessica Ramos State Senator Cosponsor James Sanders State Senator Cosponsor Luis Sepúlveda State Senator Cosponsor
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