Sign Up
A 11602 New York Assembly · 2025 Regular Session

Relates to the tangible property credit component of the brownfield redevelopment tax credit

Summary
Extends the tangible property credit component of the brownfield redevelopment tax credit for certain qualified sites which contain 40% open space and 25% affordable housing units.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill extends a tax credit for brownfield redevelopment, providing fiscal incentives that promote economic development and environmental remediation.85% confidence ✓ EnvironmentSupports EnvironmentBill extends tax credits for brownfield redevelopment, which promotes environmental cleanup and revitalization of contaminated sites.75% confidence ✓ HousingSupports HousingBill extends tax credits for sites containing affordable housing units, directly funding and incentivizing affordable housing development.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jun 2026
Committee Review
Floor Vote
Governor
Introduced Jun 5, 2026 Last action Jun 5, 2026
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
1
Jun 5, 2026
Committee
REFERRED TO WAYS AND MEANS
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.