Budget & Taxes

in committee · New York · Senate Jan 7, 2026

S 7907: Relates to the imposition of sales tax on the sale of race horses made through claiming races

This bill changes the sales tax rules for race horses sold in claiming races. It requires sellers to pay sales tax on the full purchase price each time a horse is sold, rather than just the amount exceeding previous purchase prices in the same year. Race tracks must keep detailed records of these sales for tax purposes. The law applies to all claiming race horse transactions within the state starting 90 days after enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires full sales tax on claiming race horse sales, closing a tax loophole to increase revenue collection under fiscal management.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · New York · Senate Jan 7, 2026

S 3411: Provides a tax credit for the installation of certain fire sprinkler systems

This bill creates a 25% tax credit for homeowners who install fire sprinkler systems in their residences. It directly affects residential property owners in municipalities that do not already require sprinkler systems. The credit covers 25% of labor and material costs, with a maximum annual credit of $5,000. The credit can be carried forward if it exceeds current tax liability but cannot reduce tax below the minimum amount required. The program begins for taxable years starting January 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit reducing homeowner tax liability, a form of tax relief directly affecting state tax policy.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · New York · Senate Jan 7, 2026

S 2082: Relates to a working families tax credit

Provides for a working families tax credit; directs quarterly prepayment of the credit; provides for a sliding reduction in the credit for incomes which exceed a certain threshold.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for working families targeting middle/lower income with sliding scale, aligning with tax relief indicators95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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died · New York · Senate Jan 7, 2026

S 8238: Relates to self-exclusion provisions

S 8238 modifies self-exclusion rules for gamblers who voluntarily ban themselves from casinos, racetracks, or other licensed gaming venues. It prohibits self-excluded individuals from collecting any winnings or recovering losses from gambling activity while excluded, requiring all such money or value to be forfeited to the state. Forfeited funds must be deposited into specific accounts based on the gambling type - such as the state lottery fund for lottery winnings or the commercial gaming revenue fund for casino losses. This bill directly affects gamblers who have chosen self-exclusion, ensuring they cannot benefit financially from prohibited gambling activity.

Topics ✓ Budget & TaxesSupports Budget & TaxesForfeited gambling funds from self-excluded individuals are directed to state lottery/gaming revenue accounts, increasing state budget revenue without tax changes.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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died · New York · Senate Jan 7, 2026

S 5269: Authorizes the establishment of permanent Covid-19 memorials and establishes a Covid-19 permanent memorial fund

This bill authorizes New York state and local municipalities to establish permanent memorials honoring those affected by the COVID-19 pandemic. It creates a dedicated "COVID-19 permanent memorial fund" managed by the state comptroller and parks department, which will receive state appropriations, grants, donations, and bequests specifically for building and maintaining these memorials. The bill requires community input - especially from families of those impacted - during memorial design and location decisions, with all funds kept separate from other state money.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates state-funded memorial fund via appropriations, directly allocating budget resources for a dedicated program.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · New York · Senate Jan 7, 2026

S 7876: Relates to the itemized deduction for gambling losses

This New York bill (S 7876) eliminates the state tax deduction for gambling losses. It directly affects New York taxpayers who itemize deductions and claim gambling losses on their state returns. The law changes the tax code to set the state deduction for gambling losses at zero percent of the federal amount allowed under IRS rules. This means taxpayers can no longer deduct gambling losses from their New York state taxable income, effective for tax years beginning January 1, 2025. The change applies to all such taxpayers regardless of their gambling activity level.

Topics ✓ Budget & TaxesSupports Budget & TaxesEliminates tax deduction for gambling losses, closing a tax loophole and increasing state revenue, aligning with fiscal responsibility and tax code strengthening.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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signed · New York · Senate Dec 19, 2025

S 4043: Authorizes the Bedford Hills Fire District to file an application for exemption from school and real property taxes

Authorizes the Bedford Hills Fire District to file an application for exemption from school and real property taxes for the 2022-2023 assessment years.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes tax exemption for fire district, providing tax relief to a public entity without increasing tax burden.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

vetoed · New York · Assembly Dec 19, 2025

A 2177: Removes emergency medical services from the limit on real property tax levies by local governments

This bill (A 2177) removes the cost of emergency medical services (EMS) from the property tax levy limit that local governments (like cities and towns) must follow. It directly affects municipalities that fund EMS services, allowing them to cover these costs without triggering the tax cap. The key change adds a specific exemption in law, so EMS expenditures no longer count toward the maximum tax levy allowed under current rules. This provides local governments with more budget flexibility for essential emergency response services.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts EMS costs from tax levy cap, increasing budget flexibility for essential public services without raising taxes.90% confidence ✓ HealthcareSupports HealthcareExempts EMS costs from tax limits, enabling stable local funding for emergency medical services, directly supporting healthcare delivery.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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signed · New York · Senate Dec 19, 2025

S 1183: Establishes a real property tax exemption for veterans with a 100 percent service connected disability

This bill would allow local governments (counties, cities, towns, villages, or school districts) to create a property tax exemption for the primary residence of veterans with a 100% service-connected disability. To qualify, veterans must have an honorable discharge, a 100% disability rating from the U.S. Department of Veterans Affairs, and be permanently and totally disabled due to military service. The exemption covers all real property taxes, special district charges, and assessments on their primary home. This policy change directly affects veterans meeting these specific criteria, providing them with tax relief on their main residence starting with 2026 assessment rolls.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption for veterans with disabilities, reducing their tax burden and aligning with tax relief for lower-income groups.95% confidence ✓ VeteransSupports VeteransBill provides property tax exemption for veterans with 100% service-connected disability, directly expanding financial benefits and reducing burdens for this specific veteran group.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

signed · New York · Senate Dec 19, 2025

S 2279: Excludes certain food donations from sales tax

This bill exempts certain food sales from sales tax when students at eligible schools use non-cash payment methods like approved donation programs or food points. It applies to K-12 school cafeterias and college/university dining facilities operated by exempt organizations or state-approved institutions. The tax exclusion covers non-alcoholic food and drink purchased through these programs but does not apply to cash transactions or alcohol. The change takes effect 90 days after enactment for qualifying sales.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts school food donations from sales tax, providing tax relief for students/families through non-cash programs, aligning with tax relief indicators.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes