New York Senate Bill 6774: Defines "probable aggregate annual income" for purposes of determining eligibility for limited profit and limited dividend housing companies, as the annual net income after federal, state and municipal income taxes are deducted from gross income of the chief wage earner.

New York · 2025-2026 session

What it does

Defines "probable aggregate annual income" for purposes of determining eligibility for limited profit and limited dividend housing companies, as the annual net income after federal, state and municipal income taxes are deducted from gross income of the chief wage earner.

Latest action

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT (2026-01-07)

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