Enacts into law major components of legislation which are necessary to implement the state fiscal plan for the 2026-2027 state fiscal year; sets forth a child and dependent care credit for taxable years beginning on or after January 1, 2026 (Part A); excludes up to twenty-five thousand dollars in qualified tips earned from New York adjusted gross income (Part B); retains the deductibility of certain charitable contributions (Part C); standardizes the definition of farmer for various tax credits (Part D); extends the current corporate tax rates (Part E); provides for exemptions from calculation of income in certain cases, provided such exemptions were not already applied in the calculation of income under federal provisions (Part F); relates to the treatment of certain deductions allowable under the internal revenue code in calculating New York city taxable income for corporations for taxable years beginning after December 31, 2024 (Part G); extends provisions of law relating to the commercial security tax credit from January 1, 2026 until January 1, 2029 (Part I); enhances the New York city musical and theatrical production credit (Part J); defines the term "alternative nicotine product"; makes provisions relating to the possession for sale, sale, and taxation of alternative nicotine products (Part K); extends the real estate transfer tax rate reduction for conveyances of real property to existing real estate investment funds (Part M); directs the commissioner of taxation and finance to establish a sales and use tax reregistration program and a sales and use tax penalty and interest discount program (Part N); extends the sales tax exemption for vending machines (Part P); extends the residential energy storage sales tax exemption for two years (Part Q); relates to the petroleum business tax filing deadline for commercial vessel operators (Part R); extends the alternative fuels tax exemptions (Part S); makes technical corrections to the STAR exemption and STAR credit programs (Part T); extends the assessment ceiling for local public utility mass real property to January 1, 2031; clarifies the powers of the state board of real property tax services (Part U); relates to rent exemptions and rent increase exemptions and property tax exemptions for certain persons; extends provisions of law relating thereto (Subpart A); provides notice to tenants regarding rent increase exemptions (Subpart B)(Part V); conforms pari-mutuel tax provisions; makes technical corrections (Part W); extends the utilization of funds in off-track betting corporations' capital acquisition funds (Part X); extends certain provisions of law relating to licenses for simulcast facilities, sums relating to track simulcast, simulcast of out-of-state thoroughbred races, simulcasting of races run by out-of-state harness tracks, distributions of wagers, and the imposition of certain taxes related thereto (Part Y); extends certain seasonal employee licensing requirements for additional race dates at Saratoga Racetrack for the year 2026 (Part Z); excludes certain distributions on federal elections for the purposes of calculating federal adjusted gross income (Part AA); relates to tax credits for donations to food pantries made by farmers (Part BB); relates to the sales tax exemption for meal donations; authorizes students to donate unused meal funds, meals or meal points to other students enrolled in such school, college or university who are facing food insecurity; extends the authorization of such sales tax exemption (Part CC); establishes additional qualifications for the board members of regional off-track betting corporations (Part DD); relates to the real property tax exemption for disabled veterans (Part EE); establishes a protecting our wallets energy rebate (POWER) credit (Part FF); relates to standardbred total carbon dioxide (TCO2) on-track drug testing (Part GG); authorizes a city having a population of one million or more to impose a surcharge on property that does not serve as a primary residence (Part HH); authorizes additional vendor fees to vendor tracks and video lottery gaming facilities; directs the gaming commission to conduct a study on video lottery terminal vendor fees and commercial casino tax rates (Part II); extends the duration of certain brownfield redevelopment and remediation tax credits with respect to certain sites (Part JJ).
Permits local governments to extend the existing clergy residential property tax exemption to include clergy residing in co-ops; clarifies that the clergy property tax exemption shall not affect eligibility for certain other tax abatements.
Bill A 8013 authorizes the Nassau County assessor to accept a late application for a real property tax exemption from Winners Chapel International New York. This applies to their property at 306 Fulton Ave. for the 2022, 2023, and 2024 tax assessment rolls. If the application is accepted and approved by the assessor and the Nassau County legislature, the organization could receive the exemption as if they had applied on time. The bill also permits the refund of any taxes already paid and the cancellation of outstanding taxes, fines, or penalties for those years.
Establishes the sector partnership enhancement and reinforcement program to assist in the identification of target industry clusters and employers for creation of new local sector partnerships and to provide grants to emerging and existing local sector partnerships and to community colleges seeking to establish local sector partnerships for recruitment activities; makes an appropriation therefor.
Authorizes the town of Copake to establish community preservation funds and to impose a real estate transfer tax with revenues to be deposited into the community preservation fund; provides for the repeal of certain provisions upon expiration thereof.
This bill authorizes the village of Chester to impose a 5% tax on short-term hotel and motel stays (including bed-and-breakfasts), effective immediately for a two-year period. It excludes permanent residents (those staying 90+ consecutive days) and requires the tax to be collected by property owners, with revenues deposited into Chester’s general fund for any lawful use. The tax expires automatically after two years, with specific collection rules and refund procedures outlined in the bill. It directly affects visitors staying in Chester lodging facilities for less than 90 days.
Authorizes the town of Fishkill to adopt a local law to impose a hotel/motel occupancy tax for hotels not located in the village of Fishkill; authorizes the village of Fishkill to adopt local laws to impose a hotel/motel occupancy tax in such village; provides for the repeal of such provisions upon expiration thereof.
This bill authorizes the town of Dickinson to impose a 3% tax on hotel and motel room rentals within its boundaries. It allows property owners to collect the tax from guests (included in the room rate) and remit it to the town, with exemptions for government entities, non-profits, and guests staying 30+ consecutive days. Revenue from the tax must be deposited into Dickinson’s general fund for any lawful town use. The tax applies to standard hotel/motel stays but excludes certain organizations and long-term residents.
This bill authorizes the city of Mount Vernon to impose a 5.875% tax on temporary stays in hotels, motels, vacation rentals (including Airbnb), and bed-and-breakfasts. It applies to guests staying less than 30 consecutive days, excluding permanent residents. The tax is collected by Mount Vernon’s fiscal officer and funds flow into the city’s general fund for local use. The bill explicitly excludes government entities, nonprofits, and certain charitable organizations from paying the tax.
This bill limits how much property tax class percentages can change annually in Haverstraw, Rockland County, for 2025-2026. It restricts any single property tax class from increasing its share of total taxes by more than 1% compared to the previous year, but only if Haverstraw passes a local law approving this cap. If calculations would exceed the 1% limit, the town must adjust class percentages so they still total 100%. The law is now effective after being signed by the governor on August 22, 2025.
