BILL NO | A06124 |
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SAME AS | SAME AS S04858
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SPONSOR | Fitzpatrick (MS) |
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COSPNSR | Tague, Blankenbush, DiPietro, Giglio, Finch, Salka, Morinello |
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MLTSPNSR | Barclay, DeStefano, Hawley, Kolb, Manktelow, Thiele |
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Amd §606, Tax L |
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Grants credit against personal income tax to purchasers of residential housing in the amount of any downpayment 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. |