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S02320Introduced in the Senate

Changes the amount of the exemption permitted for capital improvements to residential buildings to $200,000 where a local law or resolution is adopted on or after January 1, 2026.

IntroducedSenate Housing, Construction, and Community Development

Introduced by Patricia Fahy, District 46

What does this bill do?

Plain-English breakdown

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Official description

Changes the amount of the exemption permitted for capital improvements to residential buildings to $200,000 where a local law or resolution is adopted on or after January 1, 2026.

Where it stands

PRINT NUMBER 2320A

May 15, 2026

How did lawmakers vote?

SenateStage: Senate Housing, Construction And Community Development Committee Vote · March 3, 2025

11

Yes

0

No

0

Absent or Not Voting

11 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

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Bill history

  1. REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

  2. REPORTED AND COMMITTED TO FINANCE

  3. REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

  4. AMEND AND RECOMMIT TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

  5. PRINT NUMBER 2320A

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