This bill limits annual changes to property tax class assessments in Haverstraw, Rockland County, for 2025-2026. It prevents any single property class from having its tax base proportion increase by more than 1% from the previous year's adjusted rate, unless the town first passes a local law approving the change. The law applies only to Haverstraw's approved assessing unit and requires the town's legislative body to adjust class proportions if the 1% limit is triggered. This directly affects property owners in Haverstraw whose tax classifications might otherwise shift significantly year-to-year.
S 7790 authorizes the village of Croton-on-Hudson to impose a 3% tax on hotel and motel stays for short-term guests (less than 90 consecutive days), excluding permanent residents. Hotels and motels would collect the tax from guests and remit it to the village, with revenues deposited into the village’s general fund for any lawful purpose. The tax would expire after two years, and the bill includes specific collection rules and exemptions for certain entities like government bodies and nonprofits. This directly affects hotels, motels, and bed-and-breakfast facilities operating within Croton-on-Hudson.
This bill (S 4073) authorizes the town of Dickinson, New York, to impose a local tax of up to 3% on hotel and motel room rentals within its boundaries. The tax would apply to short-term stays (not permanent residents), with revenue collected by the town’s chief fiscal officer and deposited into the town’s general fund for any lawful purpose. Exemptions include government entities, qualifying non-profits, and guests staying 30+ consecutive days. The bill provides mechanisms for tax collection, reporting, and dispute resolution but does not mandate the tax - Dickinson must adopt local laws to implement it.
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 hotel and motel room rentals (including bed-and-breakfasts and tourist facilities), excluding permanent residents staying 90+ consecutive days. It specifies that the tax must be collected by the village’s chief fiscal officer, with revenues deposited into the village’s general fund for any lawful use. The tax authorization expires automatically two years after enactment, triggering automatic repeal. The bill does not affect state, federal, or nonprofit organizations under specific exemptions outlined in the text.
This bill increases the city of Mount Vernon's tax on deeds (the fee paid when buying or selling property) from its previous rate to 1.5% of the property's value. It directly affects anyone buying, selling, or transferring real property within Mount Vernon, including homebuyers and sellers. The tax applies to all property conveyances (transfers) regardless of where negotiations occur, with a $100,000 exemption on the property value and no tax for deals finalized before September 1, 1984. The bill amends existing tax law to set this new rate and requires payment before a deed can be recorded.
This bill creates a tax credit program for businesses relocating to cities with over one million residents (like New York City). It requires eligible businesses - those operating outside New York state for 24 months prior and relocating operations - to maintain a minimum number of "eligible employment shares" (calculated based on full- and part-time work weeks) and obtain annual city certifications from the mayor or designated agency. Businesses must meet specific thresholds, such as having at least 25% of their New York City employment base or 250 employment shares, to qualify for the credit. Certifications cannot be issued after July 1, 2028, and the program applies to local laws enacted under this article.
S 7780 would allow cities with a population of over one million to grant mutual redevelopment companies an additional 50 years of tax exemption, following the initial maximum period. The exemption requires that the company pays at least 5% of annual rent (minus utilities) for residential units or the taxes paid during 2000-2001, whichever is lower. This applies only to companies already operating under the existing tax exemption framework in large cities.
S 8297 limits annual increases in property tax base proportions for Nassau and Suffolk counties to prevent sudden tax hikes. For Nassau County, the increase for any tax class cannot exceed 1% annually, but only if local officials pass a specific law approving this cap. Suffolk County has a 2% annual cap for most years, but must use a 1% cap for the 2025-2026 tax period. If calculations would exceed these limits, county legislatures must adjust other tax classes to ensure the total base proportions remain at 100%.
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.
