Fabio
88 lines
4.1 KiB
Markdown
88 lines
4.1 KiB
Markdown
---
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type: "Bill"
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title: "Establishes a residential investment exemption in certain cities"
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description: "Establishes a vacant residential investment exemption in cities with a population of not less than seven thousand fifty and not more than seven thousand sixty, determined in accordance with the two thousand twenty census."
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jurisdiction: "us/states/ny"
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legislature: "New York Legislature"
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session: "2023-2024"
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identifier: "S 5779"
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citation: "New York S 5779 (2023-2024)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Peter Oberacker"]
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version_count: 6
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action_count: 24
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vote_count: 3
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first_action: "2023-03-15"
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last_action: "2024-12-21"
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source: "openstates"
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source_identifier: "ocd-bill/a691d30e-1b8a-4e34-aacb-3ed7753b324d"
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source_url: "http://www.nysenate.gov/legislation/bills/2023/S5779"
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source_hash: "3b87c1cb2d38a5a4db9b2fd81083e15ab1d284bb161f8d50fc1709436cbb9c14"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ny"]
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---
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# New York S 5779 (2023-2024) — Establishes a residential investment exemption in certain cities
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Establishes a vacant residential investment exemption in cities with a population of not less than seven thousand fifty and not more than seven thousand sixty, determined in accordance with the two thousand twenty census.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **S5779** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S5779&term=2023&Text=Y)
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2. **S5779A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S5779A)
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3. **S5779B** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S5779B)
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4. **S5779C** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S5779C)
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5. **S5779D** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S5779D)
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6. **S5779E** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S5779E)
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## Votes
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- Floor Vote - Version: E — **60–1** (pass) · upper
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- Rules Vote - Version: E — **20–0** (pass) · upper
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- Assembly Vote — **147–0** (pass) · lower
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## Sponsors
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- Peter Oberacker — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-03-15** REFERRED TO LOCAL GOVERNMENT `referral-committee`
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- **2023-06-05** AMEND AND RECOMMIT TO LOCAL GOVERNMENT `amendment-passage, referral-committee`
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- **2023-06-05** PRINT NUMBER 5779A `amendment-passage`
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- **2023-06-06** AMEND AND RECOMMIT TO LOCAL GOVERNMENT `amendment-passage, referral-committee`
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- **2023-06-06** PRINT NUMBER 5779B `amendment-passage`
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- **2024-01-03** REFERRED TO LOCAL GOVERNMENT `referral-committee`
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- **2024-01-16** AMEND AND RECOMMIT TO LOCAL GOVERNMENT `amendment-passage, referral-committee`
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- **2024-01-16** PRINT NUMBER 5779C `amendment-passage`
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- **2024-05-30** AMEND AND RECOMMIT TO LOCAL GOVERNMENT `amendment-passage, referral-committee`
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- **2024-05-30** PRINT NUMBER 5779D `amendment-passage`
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- **2024-05-31** AMEND AND RECOMMIT TO LOCAL GOVERNMENT `amendment-passage, referral-committee`
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- **2024-05-31** PRINT NUMBER 5779E `amendment-passage`
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- **2024-06-03** COMMITTEE DISCHARGED AND COMMITTED TO RULES `referral-committee`
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- **2024-06-03** ORDERED TO THIRD READING CAL.1642
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- **2024-06-06** PASSED SENATE `passage`
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- **2024-06-06** DELIVERED TO ASSEMBLY
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- **2024-06-06** REFERRED TO WAYS AND MEANS `referral-committee`
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- **2024-06-06** SUBSTITUTED FOR A5898E
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- **2024-06-06** ORDERED TO THIRD READING RULES CAL.485
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- **2024-06-06** HOME RULE REQUEST
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- **2024-06-06** PASSED ASSEMBLY `passage`
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- **2024-06-06** RETURNED TO SENATE
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- **2024-12-12** DELIVERED TO GOVERNOR `executive-receipt`
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- **2024-12-21** SIGNED CHAP.653 `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a691d30e-1b8a-4e34-aacb-3ed7753b324d`. Confidence: reported (aggregated from official New York legislature records).
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