NYSAR Lobby Day sees immediate results

In the days immediately following NYSAR Lobby Day, one legislative priority bill passed, and two legislative priority bills were introduced. NYSAR-supported legislation expanding tax incentives statewide for the development of vacant properties into housing (A.787/S.7285) has now passed both houses of the Legislature and awaits Governor Hochul’s consideration. Additionally, Assemblymember Jo Anne Simon introduced an Assembly companion bill that would require sexual harassment prevention training for all real estate licensees in the state (A.8092/S.5780); and Assemblymember Grace Lee introduced an Assembly companion bill that would prohibit long-term residential listing agreements (A.8120/S.7499). Both bills had sponsors in the Senate but were not yet introduced in the Assembly.