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A06574 Summary:

BILL NOA06574
 
SAME ASSAME AS S05376
 
SPONSORCruz
 
COSPNSRMitaynes, Mamdani, Forrest, Gallagher, Reyes
 
MLTSPNSR
 
Add §§11-2120 & 11-2121, NYC Ad Cd; amd §252-a, Tax L
 
Establishes the COVID-19 community protection act of 2021; imposes a tax on the transfer of certain residential properties which are sold within two years of the prior conveyance of such property; exempts certain purchases of residential properties from mortgage recording taxes; imposes a tax on the transfer of certain properties in the city of New York which are sold for one million dollars or more.
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