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Replace the expired 421-a tax break with an affordability-linked successor

Executive BudgetLast updated Jun 29, 2026
The Commitment

What was promised

Replace the expired 421-a tax break with an affordability-linked successor

The Record

What’s happened

485-x enacted in the FY25 budget, signed April 2024.

Documentation

Evidence

governor.ny.gov
Cross-reference

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