S9571 — Permits multiple transfers of low-income housing tax credits
Current New York law allows owners of eligible low-income buildings to transfer their low-income housing tax credits once to another taxpayer. This bill changes that by letting transferees transfer all or part of the credit to others, as long as the housing agency approves and it's documented right.
- Sponsor: Brian Kavanagh
- Status: in_committee
- Introduced: 2026-03-25T14:45:14.559+00:00
- State: New York
- Chamber: senate