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A03316 Summary:

BILL NO    A03316 

SAME AS    SAME AS S02047

SPONSOR    Fitzpatrick (MS)

COSPNSR    Finch, McKevitt, Giglio

MLTSPNSR   Barclay, Kolb, Thiele

Amd S606, Tax L

Grants credit against personal income tax to purchasers of residential housing
in the amount of any down payment made on such housing; provides that the
maximum credit shall not exceed 5 percent of the purchase price of the
residential housing; requires taxpayers to meet eligibility requirements
imposed by the state of New York mortgage agency.
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