S 8170 New York Senate · 2025 Regular Session

Authorizes a tax abatement for alterations and improvements to multiple dwellings for purposes of preserving habitability in affordable housing

This bill extends deadlines for tax abatements on eligible renovations to multiple dwelling buildings. It changes the deadline for completing eligible construction from June 30, 2025, to June 30, 2026, and extends the period cities can grant tax abatements until June 30, 2026. The bill directly affects building owners making eligible improvements and local governments administering these tax breaks under the multiple dwelling law. It does not create new programs but provides additional time for compliance with existing tax abatement rules. The key change is the one-year extension to both construction completion dates and local government authorization periods.

Bill status died 3 of 5 stages cleared

Introduction

May 2025

Committee Review

Mar 2026

Senate Passage

Jun 2025

Assembly Passage

Governor

Introduced May 16, 2025 Last action Mar 18, 2026

Maddy AI version diff · 1 comparison

What changed between versions

S8170 → S8170A · 5 edits

MODERATE

This bill expands the real property tax abatement program to include new types of affordable housing, specifically affordable rental units and homeownership buildings. It shifts the program's focus from merely extending deadlines for existing projects to actively authorizing abatements for new construction aimed at preserving habitability in affordable housing.

Scope change

The bill broadens the scope of eligible buildings to include affordable rental units and specific types of homeownership buildings (condominiums, cooperatives, and mutual companies), whereas the previous version focused on a narrower set of alterations.

ELIGIBILITY

Added new eligibility criteria for 'affordable rental units' and 'eligible homeownership buildings' to the tax abatement program.

DEFINITION

Introduced new legal definitions for key terms such as 'affordable rent,' 'certificate of eligibility and reasonable cost,' and 'commencement date' to clarify program requirements.

TIMELINE

Updated the completion date window for eligible construction to run from June 30, 2026, to June 30, 2036, replacing the previous dates.

REQUIREMENT

Added a requirement that the local housing agency must update the 'certified reasonable cost schedule' at least every two years.

TECHNICAL

Changed the bill title and sponsorship details to reflect the addition of Senator Stavisky and the bill's new amended status.

Floor votes · Senate Jun 11, 2025

How they voted

55–4

Passed · 4 other

Total votes 63

Jun 11, 2025

D Democratic41

38 Yea 3

92% Yea

R Republican22

17 Yea 4 Nay 1

77% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Mar 18, 2026

Committee

REPORTED AND COMMITTED TO FINANCE

upper

Mar 9, 2026

Upper · Passed

PRINT NUMBER 8170A

upper

Mar 9, 2026

Upper · Passed

AMEND (T) AND RECOMMIT TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

upper

Jan 7, 2026

Committee

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

upper

Jun 11, 2025

Committee

REFERRED TO REAL PROPERTY TAXATION

lower

Jun 11, 2025

Upper · Passed

PASSED SENATE

upper

May 16, 2025

Committee

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

upper

1 primary · 2 co-sponsors