S 5533 creates a permanent $1.2 billion fund to improve pay for New York child care workers. It requires that at least 75% of funds distributed to child care programs must increase compensation for direct caregivers (like teachers), 10% for administrators, and the rest for program quality or capacity. The bill mandates the state develop a minimum wage scale aligning child care pay with public school educators and prioritizes funding for programs serving high-need children, underserved communities, and those accepting state child care subsidies. Programs receiving funds must meet wage requirements and report how money is used.
Authorizes the Bedford Hills Fire District to file an application for exemption from school and real property taxes for the 2022-2023 assessment years.
Exempts payments in lieu of taxes received or receivable with regards to renewable energy projects from local governments' tax cap calculations; defines term.
Increases the amount of income property owners may earn for the purpose of eligibility for the property tax exemption for persons over sixty-five years of age; increases such amount to $75,000.
Relates to providing additional reimbursement to school districts for expenses incurred as a result of an influx of migrant students entering the schools of the districts; directs the governor to submit chapter amendments to the Aid to Localities budget.
Grants a $100,000 real property tax exemption to conservation clubs and rod and gun clubs owning land acquired prior to January 1, 2025, having an assessed value of $500,000 or less.
This bill proposes allowing New York state residents to deduct up to $5,000 of their annual student loan payments from their state taxable income. It applies to individuals who have taken out loans for their own education or for their spouse and dependents, covering payments made directly, by an employer, or through payroll deductions. The tax benefit would begin for tax years starting on or after January 1, 2028, and includes payments toward certain 529 college savings plans. Currently, the legislation is under review by the state's Budget and Revenue Committee.
This bill extends Chemung County's existing authority to collect an additional 1% sales tax, which was previously set to expire in 2025. The extension allows the county to continue imposing this extra tax on sales and use transactions through November 30, 2027. It directly affects residents and businesses in Chemung County who pay sales tax there. The key mechanism is amending the tax law to update the expiration date from 2025 to 2027, maintaining the current tax rate without creating new revenue.
Extends the expiration of the authorization to the county of Genesee to impose an additional one percent sales and compensating use tax from 11/30/2025 to 11/30/2027.
Authorizes the town of Smithtown assessor to accept an application for a real property tax exemption from Tiegerman Community Services, Inc. for the 2023-2024 assessment rolls.
