A00342Introduced in the Assembly
Establishes the end predatory home flipping act; 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.
Introduced by Catalina Cruz, District 39
What does this bill do?
Plain-English breakdown
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Official description
Establishes the end predatory home flipping act; 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.
Where it stands
print number 342a
May 14, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
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Bill history
referred to ways and means
referred to ways and means
amend and recommit to ways and means
print number 342a
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