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A07706 Summary:
| BILL NO | A07706 |
| SAME AS | No Same As |
| SPONSOR | Fitzpatrick (MS) |
| COSPNSR | DiPietro, Reilly, Tague |
| MLTSPNSR | Manktelow |
| 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. | |