New York legislation · 2025-2026 General Assembly
New York S5968: Increases the value of homesteads which are to be exempt from civil judgments
Status: In committee, June 5, 2026
Increases the value of homesteads which are exempt from civil judgments from one hundred fifty thousand to two hundred fifty thousand dollars.
What the bill says
An act to amend the civil practice law and rules, in relation to increasing the value of homesteads which are to be exempt from civil judgments.
From the introduced text, March 4, 2025:
AN ACT to amend the civil practice law and rules, in relation to increasing the value of homesteads which are to be exempt from civil judgments THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions (a), (d) and (e) of section 5206 of the civil practice law and rules, as amended by chapter 568 of the laws of 2010, are amended to read as follows: (a) Exemption of homestead. Property of one of the following types, not exceeding [one] TWO hundred fifty thousand dollars for the counties of Kings, Queens, New York, Bronx, Richmond, Nassau, Suffolk, Rockland, Westchester and Putnam; one hundred twenty-five thousand dollars for the counties of Dutchess, Albany, Columbia, Orange, Saratoga and Ulster; and seventy-five thousand dollars for the remaining counties of the state in value above liens and encumbrances, owned and occupied as a principal residence, is exempt from application to the satisfaction of a money judgment, unless the judgment was recovered wholly for the purchase price thereof: 1. a lot of land with a dwelling thereon, 2. shares of stock in a cooperative apartment corporation, 3. units of a condominium apartment, or 4. a mobile home. But no exempt homestead shall be exempt from taxation or from sale for non-payment of taxes or assessments. …
Sponsors
- Kevin Parker (D, 21) · primary sponsor
Latest actions
- : COMMITTED TO RULES
- : ADVANCED TO THIRD READING
- : 2ND REPORT CAL.
- : 1ST REPORT CAL.245
- : REFERRED TO JUDICIARY
- : COMMITTED TO RULES
- : ADVANCED TO THIRD READING
- : 2ND REPORT CAL.
- : 1ST REPORT CAL.596
- : REFERRED TO JUDICIARY
Votes
- Senate Judiciary Committee: COMMITTEE Vote (February 4, 2026): 16 yea, 1 nay, passed
- Judiciary Committee Vote (February 4, 2026): 16 yea, 1 nay, passed
- FLOOR Vote (February 4, 2026): 59 yea, 0 nay, passed
- Senate Judiciary Committee: COMMITTEE Vote (March 25, 2025): 17 yea, 1 nay, passed
- Judiciary Committee Vote (March 25, 2025): 17 yea, 1 nay, passed
- FLOOR Vote (March 25, 2025): 59 yea, 0 nay, passed
Subjects: Civil Practice Law and Rules
Common questions
- What is S5968?
- S5968 is a bill in the New York Legislature (2025-2026 General Assembly): Increases the value of homesteads which are to be exempt from civil judgments.
- What does S5968 do?
- In its own words: An act to amend the civil practice law and rules, in relation to increasing the value of homesteads which are to be exempt from civil judgments.
- What is the status of S5968?
- In committee as of June 5, 2026. Latest action: COMMITTED TO RULES (June 5, 2026).
- Who sponsored S5968?
- Kevin Parker (D, 21).
- Where is the official record for S5968?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/S5968
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.