Home/Bills/S 3305New York · 2025–2026 Legislative Session
Senate BillIntroduced

S 3305: Relates to the homeowner tax rebate credit by extending the provisions to apply for tax year two thousand twenty-five and every tax year thereafter.

New York · Senate · 2025–2026 Legislative Session · last verified January 8, 2026

What S 3305 does, verified January 8, 2026

The proposed law aims to provide a homeowner tax rebate credit to eligible individuals. The credit will be allowed against the taxes imposed by the law, starting from the tax year 2025 and thereafter. This credit will be given to individuals who meet specific eligibility standards, as outlined in the law. The credit will be applied to the taxes owed for the specified tax years. The law will take effect immediately upon its passage.

Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO BUDGET AND REVENUE (2026-01-07)Alert me
Quick answers about S 3305
What is the current status of S 3305?
As of January 8, 2026, S 3305 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO BUDGET AND REVENUE".
Did S 3305 pass?
Not yet. S 3305 has been introduced and has not passed either house.
Who wrote S 3305, and where is it now?
S 3305 was authored by Sen. Alexis Weik with 1 coauthor. Its committee of record is Senate Budget & Revenue.
Recent actions2 total · showing 2
Jan. 07, 2026REFERRED TO BUDGET AND REVENUE
Jan. 24, 2025REFERRED TO BUDGET AND REVENUE
Latest bill textIntroduced version, January 24, 2025 · 196 words
  
  STATE OF NEW YORK ________________________________________________________________________ 3305 2025-2026 Regular Sessions  IN SENATE January 24, 2025 ___________ Introduced by Sen. WEIK -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT to amend the tax law, in relation to the homeowner tax rebate credit The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph 1 of subsection (n-1) of section 606 of the tax 2 law, as amended by section 1 of part BB of chapter 59 of the laws of 3 2022, is amended to read as follows: 4 (1) An individual taxpayer who meets the eligibility standards in 5 paragraph two of this subsection shall be allowed a credit against the 6 taxes imposed by this article in the amount specified in paragraph three 7 of this subsection for tax year two thousand [twenty-two] twenty-five 8 and thereafter. 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01825-01-5 
Text of S 3305 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions
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