Budget & Taxes

in committee · New York · Senate May 14, 2026

S 1451: Relates to creating the Neighborhood Small Business Rent Increase Exemption

Relates to creating the Neighborhood Small Business Rent Increase Exemption; provides a tax abatement for limiting rent increases on small businesses in a city of one million or more persons.

Topics ✓ Budget & TaxesSupports Budget & TaxesTax abatement provides direct tax relief for small businesses by limiting rent increase impacts, aligning with support indicators for fiscal relief.95% confidence

Sub-Topics Business Taxes Tax Incentives Tags Small Business

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in committee · New York · Senate Jan 7, 2026

S 2714: Establishes the metropolitan transportation authority control board

S 2714 creates a five-member Metropolitan Transportation Authority (MTA) Control Board to address the MTA's fiscal crisis. The board, appointed by the governor with input from legislative leaders, must approve all major MTA projects and financing before the authority can commit funds or incur debt. Key provisions require the board to verify sufficient funding commitments - such as revenue projections or collateral - before approving projects, and to coordinate with the state comptroller within a seven-day review window. This bill directly affects the MTA's ability to fund infrastructure projects, aiming to ensure long-term fiscal stability and protect taxpayers from unsustainable costs.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates MTA projects require verified funding commitments before approval, promoting fiscal responsibility to prevent budget crises through oversight.85% confidence

Sub-Topics Audits & Accountability

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in committee · New York · Assembly Jan 7, 2026

A 1753: Enacts the residential structure fire prevention act of 2025

Enacts the residential structure fire prevention act; provides a tax credit to homeowners who remove cock loft fire hazards in their homes; provides an insurance discount for the installation of smoke detecting alarm devices in cock lofts; provides that the repair of cock lofts for the purpose of fire prevention and safety shall be qualifying expenditures under state housing programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax credit for fire safety home improvements, a direct fiscal relief measure under tax policy90% confidence ✓ HousingSupports HousingBill designates fire prevention repairs as qualifying under state housing programs, enabling funding for safety improvements that support housing maintenance and affordability.85% confidence

Sub-Topics Tax Credits

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passed · New York · Senate May 18, 2026

S 182: Increases the federal poverty level requirement for recipients where it concerns the one-time disregard of earned income

This bill increases the income threshold for a temporary public assistance benefit. It changes the rule so that individuals who recently started working can disregard all their earned income for up to six months (after job entry) if their total income is under 400% of the federal poverty level - up from the current 200% limit. This directly affects low-income working individuals receiving public assistance who are transitioning from unemployment to employment. The policy change aims to provide a longer financial buffer during early employment while maintaining eligibility for benefits.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands public assistance eligibility by raising income threshold for earned income disregard, providing tax relief to low-income workers transitioning to employment.92% confidence ✓ Labor & EmploymentSupports Labor & EmploymentIncreases income threshold for public assistance during job transition, preventing benefit loss for low-income workers entering employment.85% confidence

Sub-Topics Income Tax Unemployment

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in committee · New York · Assembly Jan 7, 2026

A 6883: Eliminates the cap on the maximum amount and the gross income requirement for the long-term care insurance credit

This bill eliminates two restrictions on New York's long-term care insurance tax credit. It removes the $1,500 annual cap on the credit amount and the $250,000 gross income limit that previously restricted eligibility. As a result, New York residents who pay for qualifying long-term care insurance will now receive a tax credit equal to 20% of their premiums, without the previous dollar limit or income threshold. The change applies to taxable years beginning January 1, 2025, and affects individuals purchasing qualifying long-term care insurance policies.

Topics ✓ Budget & TaxesSupports Budget & TaxesRemoves tax credit limits and income restrictions, expanding tax relief for long-term care insurance premiums. Aligns with tax relief indicators.95% confidence ✓ HealthcareSupports HealthcareRemoves financial barriers to long-term care insurance tax credit, expanding access to healthcare coverage for residents by eliminating income and cap restrictions.95% confidence

Sub-Topics Procurement Tax Credits Long-Term Care

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in committee · New York · Senate Jan 7, 2026

S 1091: Establishes a rent increase exemption for certain nonprofit organizations

Establishes a rent increase exemption for certain nonprofit organizations; provides a tax abatement for limiting rent increases on nonprofit organizations in a city of one million or more persons.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax abatement (relief) for nonprofits, directly aligning with tax relief support indicators for targeted groups.95% confidence ✓ HousingSupports HousingBill provides rent exemption and tax abatement for nonprofits in large cities, maintaining affordable housing costs by limiting rent increases for nonprofit housing providers.90% confidence

Sub-Topics Tax Incentives Property Taxes Renters Tenant Rights

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in committee · New York · Senate May 27, 2025

S 6713: Extending the effectiveness of the occupancy tax in the town of North Castle

This bill extends the expiration date of North Castle's existing occupancy tax from 2025 to 2027. It directly affects the town of North Castle and businesses collecting the tax on short-term lodging (like hotels or vacation rentals). The key mechanism is amending the tax law to change the expiration date from September 1, 2025, to September 1, 2027, keeping the tax in effect for two additional years.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends existing local occupancy tax for two years, protecting revenue stream and ensuring fiscal continuity for North Castle without altering tax rates or burden.90% confidence

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in committee · New York · Assembly Jan 7, 2026

A 6630: Enacts the expanded in-home services funding act; appropriation

This bill (A 6630) creates the "Expanded In-Home Services Funding Act" to increase state funding for in-home care services for elderly residents. It allocates $42 million specifically to eliminate waitlists for essential services like meal delivery, housekeeping, personal care, and transportation, while ensuring counties have resources to meet growing demand. The bill establishes a five-year pilot program to test new service models (including tele-health and volunteer transportation networks), with a designated portion of funds prioritized for rural counties facing the highest need. Annual reports will track fund usage, waitlist reductions, and improvements in senior well-being, as required by the bill's provisions.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $42M to fund in-home care services, expanding public spending on essential programs like meal delivery and transportation.90% confidence ✓ HealthcareSupports HealthcareAllocates $42M to expand in-home healthcare services for elderly, eliminating waitlists and piloting tele-health, directly increasing access and funding for essential care.90% confidence ✓ TransportationSupports TransportationBill explicitly allocates $42M to fund transportation services as part of in-home care, including transportation in the listed essential services.95% confidence

Sub-Topics Long-Term Care

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in committee · New York · Assembly Jan 7, 2026

A 6572: Relates to providing enhanced cancer disability benefits to volunteer firefighters

Provides that the tax levy limit shall not include a tax levy necessary for expenditures resulting from a local government meeting its obligation to provide enhanced cancer disability benefits to volunteer firefighters as required under section two hundred five-cc of the general municipal law.

Topics ✓ Budget & TaxesSupports Budget & TaxesExcludes cancer benefit costs from tax levy limits, enabling local funding without cap restrictions for firefighter benefits.85% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill expands disability benefits for volunteer firefighters (a worker group), directly supporting employment standards and worker benefits under Labor & Employment.95% confidence

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in committee · New York · Assembly Jan 7, 2026

A 7628: Establishes a sales tax holiday for food and non-alcoholic beverages sold at certain establishments during the second full week of February and the third full week of August

Establishes a sales tax holiday for food and non-alcoholic beverages sold at a restaurant, diner, or cafe licensed under article twenty-C of the agriculture and markets law during the second full week of February and the third full week of August.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides temporary sales tax relief on essential food items, benefiting lower/middle income consumers during designated weeks.95% confidence

Sub-Topics Sales Tax

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