A 8770 New York Assembly · 2025 Regular Session

Requires new residential construction sellers to inform buyers of any price increase caused by tariffs on building materials

This bill requires sellers of new residential homes (first-time sales of newly constructed single-family, multi-family, or condo units) to disclose any price increases directly caused by federal tariffs on building materials like steel or lumber. Sellers must provide a clear "tariff cost estimate" in all property listings, marketing materials, and purchase contracts, showing how tariff-related costs affected the price. It applies only to new construction sold for the first time, excluding mobile homes, rental properties, or previously sold units. The disclosure must appear as an itemized line alongside taxes and fees in all sales documentation. The bill takes immediate effect upon enactment.
Bill status in committee 1 of 4 stages cleared
Introduction
Jun 2025
Committee Review
Floor Vote
Governor
Introduced Jun 2, 2025 Last action Jan 7, 2026
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO CONSUMER AFFAIRS AND PROTECTION
lower
Jun 2, 2025
Committee
REFERRED TO CONSUMER AFFAIRS AND PROTECTION
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Linda Rosenthal
Linda Rosenthal
DDemocratic
NY
67