Budget & Taxes

in committee · New York · Senate Jun 12, 2025

S 3330: Relates to professional employer organization services

Provides that receipts from other services and other business receipts, taxpayers, and combined groups including members, engaged in providing professional employer organization services shall include with such receipts amounts received with respect to wages, benefits, and other employee expenses disbursed to or for the benefit of a client's worksite employees and the related employment taxes if the amounts received are included in the calculation of the business income base or the combined business income base, respectively.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires PEOs to include client employee expense amounts in taxable income base, closing a tax loophole to increase revenue.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

Track

passed · New York · Senate Jun 9, 2025

S 6166: Relates to delinquent tax interest rates

This bill sets a maximum 16% annual interest rate and a minimum 2% annual interest rate on late payments for residential property taxes, replacing higher local rates. It applies to residential properties including condos and co-ops, but excludes vacant and abandoned properties listed on a statewide registry. The interest rate will be tied to the prime rate (as defined by the commissioner), with the initial rate based on 2026 data and updated every five years. This limits how much interest homeowners can be charged on overdue residential tax bills, ensuring rates stay within the 2%-16% range.

Topics ✓ Budget & TaxesSupports Budget & TaxesCaps delinquent tax interest rates for residential properties, limiting penalties and providing relief to homeowners.95% confidence ✓ HousingSupports HousingCapping delinquent tax interest rates protects homeowners from excessive financial burden, supporting housing stability and property rights as part of affordable housing policy.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

Track

passed · New York · Senate Jun 6, 2025

S 1399: Establishes the vacant rental improvement program

This bill creates the Vacant Rental Improvement Program, providing grants of up to $75,000 per unit to owners of small rental buildings (five or fewer units) located outside New York City. It requires renovated units to be leased at affordable rates - defined as 80% of area median income - for a 10-year period, with new owners inheriting the affordability requirement. The program prioritizes vacant units or those with code violations and establishes a dedicated "rental improvement fund" for financing. Owners who violate the lease terms risk full repayment of grants.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates state funds via dedicated rental improvement fund to provide grants for affordable housing renovations, advancing public service funding within budget priorities.90% confidence ✓ HousingSupports HousingBill creates grants for renovating vacant units to be leased at 80% AMI for 10 years, directly increasing affordable housing stock and enforcing long-term affordability requirements.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

Track

passed · New York · Senate Jun 5, 2025

S 6756: Relates to the definition of business entity; and relates to the allowance and application of the newspaper and broadcast media jobs tax credit

Includes not-for-profit corporations and public television or radio corporations in the definition of business entity; allows such entities to claim the newspaper and broadcast media jobs tax credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax credit eligibility to non-profits/public media, providing targeted tax relief for media jobs under tax policy.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

Track

passed · New York · Senate Jun 5, 2025

S 1398: Establishes the block by block homeownership program

Establishes the block by block homeownership program to provide capital subsidies for the purpose of constructing, preserving, and rehabilitating one- to two- family dwellings throughout the state, outside of NYC.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates state capital subsidies for housing construction/preservation, directly funding a public service program through budget appropriations.90% confidence ✓ HousingSupports HousingProvides capital subsidies for constructing, preserving, and rehabilitating one- to two-family dwellings, directly funding housing development and affordability outside NYC.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

Track

in committee · New York · Senate May 28, 2025

S 3856: Relates to the imposition of sales and compensating use taxes with respect to certain aircraft; and repeals certain provisions of the tax law relating thereto

Relates to the imposition of sales and compensating use taxes with respect to certain aircraft; repeals provisions relating to the exemption from sales and compensating use taxes of general aviation aircraft, and machinery or equipment to be installed on such aircraft.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill repeals tax exemption for aircraft, closing a loophole and increasing tax revenue, aligning with closing tax loopholes under budget/tax support.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

Track

in committee · New York · Senate May 27, 2025

S 2387: Permits persons 65 years of age to enroll in a limited number of state university and city university courses for credit without tuition

This bill allows New York residents aged 65 and older to take up to nine credit hours per semester at state and city universities without paying tuition. It changes current policy, which only permitted free course auditing (without credit) for seniors aged 60+, by enabling eligible individuals to earn academic credit. The policy applies to credit-bearing courses, not just audit-only options, and requires universities to admit seniors on a space-available basis. It does not affect existing tuition rates for other students.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill requires state universities to provide free credit courses for seniors, increasing state expenditure on education funding, aligning with public service funding under Budget & Taxes.90% confidence ✓ EducationSupports EducationExpands higher education access for seniors by enabling tuition-free credit courses, advancing educational opportunity without restricting or defunding.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

Track

in committee · New York · Senate May 27, 2025

S 2390: Increases the tax exemption amount on clothing and apparel items from one hundred ten dollars to two hundred dollars

This bill increases the sales tax exemption threshold for clothing and footwear from $110 to $200 per item. It means shoppers will not pay sales tax on individual clothing items, shoes, or repair components costing less than $200. The change applies to new purchases and items used to repair clothing. The law will take effect on September 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax exemption threshold for clothing, providing direct tax relief to lower/middle-income shoppers on essential items.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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signed · New York · Senate May 23, 2025

S 7798: Makes technical changes to the aid to localities budget

S 7798 makes technical adjustments to New York State's 2025-26 aid to localities budget, specifically reallocating $90 million from the General Fund to the "Underserved Communities and Civic Engagement Program." The bill directs funding to seven specific nonprofit organizations, including the Asian American Foundation, New York Urban League, and Catholic Charities Community Services, for services like housing assistance, workforce training, and healthcare in underserved areas. This is a procedural budget modification with no new policy changes, simply adjusting existing allocations. The bill became law on May 23, 2025, and applies immediately to the 2025-26 fiscal year.

Topics ✓ Budget & TaxesSupports Budget & TaxesReallocates $90M from General Fund to fund housing, workforce, and healthcare services via nonprofits in underserved areas, advancing public service funding within fiscal management.95% confidence ✓ HousingSupports HousingBill allocates $90M to nonprofits for housing assistance services in underserved communities, explicitly funding housing programs as part of the Underserved Communities Program.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentFunds workforce training via nonprofit programs in underserved communities, supporting labor-related workforce development.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

signed · New York · Senate May 20, 2025

S 3003: AID TO LOCALITIES BUDGET

Bill S 3003 appropriates specific amounts of money for the "Aid to Localities Budget," providing financial support to local governments for the fiscal year beginning April 1, 2025. It also reappropriates unspent funds from prior years and allows for the allocation of federal grants. A key provision grants the budget director authority to withhold these funds if a general fund imbalance of $2 billion or more is projected for fiscal year 2025-26. However, certain payments like public assistance, debt service, and those mandated by federal law or court orders are exempt from these potential withholdings. The bill outlines a process for notification and legislative review if such withholdings are initiated.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates funds for local governments, reappropriates unspent funds, and includes fiscal responsibility measures like withholding funds for imbalances, directly advancing budget management and public service funding.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes