Budget & Taxes

signed · New York · Senate Aug 21, 2026

S 8263: Authorizes the Congregation Khal Mevakshei Hashem, Inc. to receive retroactive real property tax exempt status

Authorizes the Congregation Khal Mevakshei Hashem, Inc. to receive retroactive real property tax exempt status for the 2024 assessment roll and all of the 2023-2024 school taxes.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill grants retroactive tax exemption for specific entity, reducing state revenue and weakening budget revenue collection.90% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

passed · New York · Senate Jun 4, 2026

S 8253: Relates to interest on unclaimed child and spousal support payments

This bill changes how interest is calculated on unclaimed child and spousal support payments held as abandoned property. Property owners will no longer receive interest on these payments once they're paid to the state comptroller, except for specific types of abandoned property held by the state for the first five years. For those limited cases, interest will accrue at the overpayment rate (as set by tax law) minus one percentage point. The bill directly affects owners of abandoned properties where child or spousal support payments were unclaimed, altering their financial entitlements under state law.

Topics ✗ Budget & TaxesOpposes Budget & TaxesReduces state spending by eliminating interest payments on abandoned property held by the state.85% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

Track

in committee · New York · Senate Jun 4, 2026

S 4527: Relates to the taxation of vapor products

Relates to the taxation of vapor products; provides for the licensing of vapor products distributors; imposes certain tax return filing requirements on vapor products distributors; provides for enforcement powers.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill imposes new tax on vapor products, generating state revenue through licensing and filing requirements, directly advancing fiscal management.95% confidence | Rep's Stance ✗ Voted No ✗ Opposes Budget & Taxes

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passed · New York · Senate Jun 1, 2026

S 3340: Relates to treatment of gains from qualified opportunity zones in calculating taxable income

Relates to treatment of gains from qualified opportunity zones in calculating taxable income; removes exclusion of gains on property in qualified opportunity zones in calculation of income.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRemoves exclusion of gains from qualified opportunity zones, increasing taxable income and reducing tax incentives for investors.95% confidence ✗ HousingOpposes HousingRemoves tax exclusion for gains in qualified opportunity zones, reducing investment incentives for housing development in low-income areas. Weakens a key tool for affordable housing projects.92% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

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passed · New York · Senate May 12, 2026

S 2454: Prohibits state reimbursement of campaign and political committees and legal defense funds for payments made on behalf of the criminal or civil defense of a state employee

Prohibits state reimbursement of campaign and political committees, or legal defense funds, for payments made on behalf of the criminal or civil defense of a state employee.

Topics ✗ Budget & TaxesOpposes Budget & TaxesProhibits state reimbursement for political/legal defense funds, restricting government spending on non-essential expenditures per budget allocation rules.95% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

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passed · New York · Senate Feb 5, 2026

S 4075: Relates to authorizing the Silver Lake Foundation Inc. to receive retroactive real property tax exempt status

Authorizes the assessor of Richmond county to grant the Silver Lake Foundation Inc. retroactive real property tax exempt status upon an application therefor.

Topics ✗ Budget & TaxesOpposes Budget & TaxesGrants retroactive tax exemption to foundation, reducing county tax revenue and weakening tax base.90% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

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died · New York · Senate Jan 7, 2026

S 2177: Relates to establishing the broadband investment tax stabilization (BITS) act

Provides that all equipment used for the transmission and switching of radio signals for the provision of commercial mobile radio service or mobile internet access service no longer constitutes real property subject to the real property tax law.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill exempts broadband equipment from real property tax, creating a tax break for service providers and reducing state revenue, aligning with tax break indicators for businesses.95% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

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signed · New York · Assembly Dec 5, 2025

A 7348: Increases the tax on deeds in the city of Mount Vernon

This bill raises Mount Vernon's deed tax rate to 1.5% on the value of real property sold or transferred within the city. It directly affects homebuyers, sellers, and property owners who complete transactions in Mount Vernon, requiring payment of the tax before deeds can be recorded. Key provisions include a $100,000 exemption on the property value (reducing the tax burden for lower-value sales) and allowing deductions for existing property liens. The tax applies to all conveyances regardless of where negotiations occur, but does not affect transactions finalized before September 1, 1984.

Topics ✗ Budget & TaxesOpposes Budget & TaxesIncreases deed tax rate to 1.5%, raising tax burden on property transactions despite $100k exemption for lower-value sales.95% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

signed · New York · Senate Oct 27, 2025

S 7980: Relates to the determination of adjusted base proportions in special assessing units which are cities

This bill sets a 5% maximum annual increase for property tax base proportions in cities for fiscal year 2026. It directly affects cities calculating property taxes, requiring their local legislative bodies to set the exact increase (up to 5%) by December 1, 2025. If cities issued tax bills before the law took effect, they must revise those bills and reissue them with updated rates, but taxpayers remain responsible for payments due before the revision. The bill ensures cities can adjust tax calculations within this cap while maintaining prior payment obligations for existing bills.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill imposes 5% cap on annual property tax base increases, restricting cities' ability to raise taxes beyond this limit.95% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

signed · New York · Senate Oct 16, 2025

S 8161: Authorizes Yeshivas Nachlas Sofrim to receive retroactive real property tax exempt status

This bill allows Yeshivas Nachlas Sofrim Inc. to apply for retroactive property tax exemption on its Ramapo, New York property (66 Highview Road) for 2022-2023 tax years. If approved by the town assessor and Ramapo Town Board, the organization can receive refunds for taxes paid on those years, including cancellation of related penalties or interest. The bill authorizes the town to treat the application as if filed on time, correcting past tax rolls. It directly affects only this specific religious institution and its property tax obligations for the 2022-2023 assessment period.

Topics ✗ Budget & TaxesOpposes Budget & TaxesGrants retroactive property tax exemption, reducing town revenue for a specific entity, weakening budgetary resources by defunding collected taxes.85% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes