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A01023 Summary:

BILL NOA01023
 
SAME ASSAME AS S01569
 
SPONSORCruz
 
COSPNSRMitaynes, Mamdani, Gallagher, Reyes, Simon, Epstein, Rosenthal L
 
MLTSPNSR
 
Add §§11-2120, NYC Ad Cd
 
Establishes the protect our homes and communities, stop predatory housing speculation act of 2023; 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.
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