S 7420 extends Suffolk County's authority to impose an additional 1% sales and use tax on top of existing rates, effective June 2021 through November 2027. This tax applies to residents and businesses within Suffolk County that pay sales tax. The bill requires that 12.5% to 37.5% of the tax revenue collected must fund public safety, with the remainder going to the county's general fund. The measure modifies existing tax law to formalize this temporary tax increase and its revenue allocation rules.
This bill extends existing income and resource exemptions for public assistance programs under the 1997 welfare reform law. It changes the expiration date of these exemptions from August 22, 2025, to August 22, 2027. The extension ensures that individuals and families receiving benefits like SNAP or Medicaid will continue to qualify without losing eligibility due to income changes during this period. The bill also includes a retroactive provision to cover the period starting August 22, 2025, if enacted after that date. This change directly affects low-income households enrolled in state public assistance programs.
This bill extends Newburgh's existing authority to collect a hotel and motel tax for two additional years, moving the expiration date from 2025 to 2027. It directly affects hotels and motels operating within Newburgh, as well as the town's ability to generate revenue from this tax. The key change is updating the expiration date in the tax law to ensure the tax remains in place through 2027. The bill makes a technical adjustment to the existing law without altering the tax rate or scope of the levy.
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.
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.
Bill S 7766 provides emergency appropriations to ensure the continued operation of state government. It authorizes funding for all state departments and agencies, including the executive, legislative, and judicial branches, for the period of April 1 through May 7, 2025. These funds cover essential expenses such as state operations, non-personal service liabilities, and employee fringe benefits. The bill serves as a temporary measure to allow payments until the full annual budget bills for the state fiscal year beginning April 1, 2025, are enacted.
This bill provides temporary funding for New York State government operations for an extended period, from April 1, 2025, through May 7, 2025. It authorizes payments for the salaries of state employees in the executive, legislative, and judicial branches, and covers general operating expenses for state departments and agencies. The bill also allocates funds for specific Department of Health programs, including community health, Indian health, and child health insurance. This temporary measure ensures the state government can continue to function and make essential payments until the full annual budget bills for the 2025 fiscal year are enacted.
This bill provides emergency funding to support state government operations for an extended period in early 2025. It ensures that funds are available for state officers and employees' salaries across the executive, legislative, and judicial branches. The legislation also covers general government operational expenses and certain health programs. This temporary funding measure extends appropriations from early May to May 6th or 7th, 2025, and updates the amounts to bridge the gap until the full state budget for the fiscal year beginning April 1, 2025, is enacted.
Bill S 7526, known as the "private activity bond allocation act of 2025," establishes a new formula for distributing the state's annual volume ceiling for certain tax-exempt private activity bonds. This bill directly affects state and local government agencies, as well as other entities that issue these bonds for projects such as housing, economic development, and job creation.
The bill divides the statewide bond volume ceiling into three equal portions. One-third is set aside for local agencies based on population, another third for state agencies, and the final third forms a statewide bond reserve for additional allocations to either state or local entities. This system aims to create an orderly and efficient process for allocating these bonds, which require an allocation to qualify for federal tax exemption.
Bill S 7673 provides emergency funding to support state government operations for a limited period. It extends appropriations from April 29, 2025, to May 1, 2025, ensuring continued funding for state services. The bill allocates funds for the salaries and benefits of state officers and employees in the executive, legislative, and judicial branches, as well as for non-personal service expenses of state departments and agencies. This measure serves as temporary authority for payments until the full annual budget bills for the state fiscal year beginning April 1, 2025, are enacted.