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New YorkA 100522025-2026 Regular SessionHouseWALLET

Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community preservation fund

Sponsored By: Sarahana Shrestha (Democratic)

Signed by Governor

LOCAL GOVERNMENTSWAYS AND MEANSRULES

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Red Hook property transfer tax continues

The law extends Red Hook’s authority to charge a real estate transfer tax and put the money in its community preservation fund through December 31, 2051. The change to this authority takes effect 90 days after the law takes effect. People involved in covered property transfers may owe the tax; the law does not state the tax rate.

Sponsors & Cosponsors

Sponsor

  • Sarahana Shrestha

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 142 • No: 59

House vote • 6/3/2026

Assembly floor vote

Yes: 99 • No: 41

Senate vote • 6/3/2026

FLOOR Vote

Yes: 43 • No: 18

Actions Timeline

  1. SIGNED CHAP.320

    10/23/2026House

  2. DELIVERED TO GOVERNOR

    10/16/2026House

  3. RETURNED TO ASSEMBLY

    6/3/2026Senate

  4. PASSED SENATE

    6/3/2026Senate

  5. 3RD READING CAL.1392

    6/3/2026Senate

  6. SUBSTITUTED FOR S9041

    6/3/2026Senate

  7. REFERRED TO RULES

    6/3/2026Senate

  8. DELIVERED TO SENATE

    6/3/2026House

  9. PASSED ASSEMBLY

    6/3/2026House

  10. ORDERED TO THIRD READING RULES CAL.413

    6/3/2026House

  11. RULES REPORT CAL.413

    6/3/2026House

  12. REPORTED

    6/3/2026House

  13. REPORTED REFERRED TO RULES

    6/3/2026House

  14. REPORTED REFERRED TO WAYS AND MEANS

    2/25/2026House

  15. REFERRED TO LOCAL GOVERNMENTS

    1/30/2026House

Bill Text

  • Original

    1/30/2026

    PDF

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