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S 10503 New York Senate · 2025 Regular Session

Establishes the pro-housing communities incentive fund

Summary
Establishes the pro-housing communities incentive fund to provide incentive payments to municipalities based on the number of eligible new housing units produced within such municipality.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill creates a new incentive fund to provide payments to municipalities, directly increasing government spending and funding for housing development.75% confidence ✓ HousingSupports HousingBill establishes a fund to incentivize municipalities for producing new housing units, directly advancing housing development.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
May 2026
Committee Review
Floor Vote
Governor
Introduced May 15, 2026 Last action May 15, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
1
May 15, 2026
Committee
REFERRED TO FINANCE
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Erik Bottcher
Erik Bottcher
DDemocratic
NY
47