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A01818 Summary:
| BILL NO | A01818 |
| SAME AS | SAME AS S01572 |
| SPONSOR | Solages |
| COSPNSR | Raga, Lee |
| MLTSPNSR | |
| Add Art 20-E §§500 - 500-g, Tax L; add §80-b, St Fin L | |
| Imposes an excise tax on the failure of certain hedge funds owning excess single-family residences to dispose of such residences; establishes the housing down payment trust fund to provide funds to state housing finance agencies to establish new or supplement existing programs that provide down payment assistance to families purchasing homes within the state. | |