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A05666 Summary:

BILL NOA05666
 
SAME ASNo Same As
 
SPONSORFitzpatrick
 
COSPNSRDiPietro, Reilly, Salka, Tague
 
MLTSPNSRManktelow
 
Amd §606, Tax L
 
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.
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