Establishes a sustainable aviation fuel tax credit at a rate of $1.25 per gallon, or $1.50 per gallon for sustainable aviation fuels made with domestically produced corn and/or soybeans; creates a certification process for aviation fuel as sustainable aviation fuel under NYSERDA; directs the NYS climate action council to incorporate the use of sustainable aviation fuel in its updated scoping plan.
This bill raises the income limit for New York seniors to qualify for the enhanced STAR property tax exemption from its current level to $120,000. It applies to tax years beginning in 2024, meaning seniors with incomes up to $120,000 will now qualify for the exemption. The change directly affects seniors aged 65+ who own their primary residence and apply for the enhanced exemption. This increases the income threshold for eligibility, allowing more seniors to receive this property tax benefit.
Makes an appropriation of seven million dollars over seven years to the Island Park School District for the purpose of stabilizing the Island Park School District and offsetting a loss of tax revenue.
Adjusts the school tax relief (STAR) exemption for homes located outside a city with a population greater than one million for the 2025--2026 school years and thereafter (Part A); relates to a real property tax freeze to reimburse qualifying homeowners for increases in local property taxes on their primary residences (Part B); provides for supplemental state assistance to be paid to cities, counties, towns and villages that are compliant with the property tax levy limits (Part C).
Authorizes state assistance to municipalities containing exempt privately owned forest lands; expands categories of lands eligible for certain property tax exemptions as forest lands; authorizes tax exemptions for certain conservation easement tracts; provides for violations of certain provisions relating to filing for tax exemptions of forest lands.
This bill extends Sullivan County's authority to impose additional local taxes. It authorizes two specific tax rate increases: a 0.5% surcharge on top of existing rates from June 2023 through November 2027, and an additional 0.5% surcharge (making a total 1% additional) from June 2027 through November 2027. The extension applies directly to Sullivan County residents and local government funding through these tax mechanisms. The bill amends existing tax law provisions to update the authorization period, with no new tax rates introduced - only extensions of current authorized increases.
This bill suspends employer contributions to the interest assessment surcharge fund until December 31, 2027. It directly affects employers who would otherwise pay these contributions. To cover related interest payments on federal unemployment advances, the bill appropriates $500 million from the Economic Uncertainties Fund. The suspension and funding are temporary, expiring on December 31, 2027.
Authorizes the Bedford Hills Fire District to file an application for exemption from school and real property taxes for the 2022-2023 assessment years.
This bill exempts municipal fiber optic broadband infrastructure in Erie County from real property taxes, levies, and assessments. It directly affects Erie County municipal broadband companies (like local authorities or municipalities building fiber networks) and their owned cable infrastructure, whether installed on public or private property. Key provisions require these companies to prioritize contractors with strong workplace safety practices, submit workforce plans detailing local hiring and safety standards, and comply with prevailing wage requirements. The exemption applies immediately to assessments for taxable status dates on or after the bill's effective date.
Increases the applicable percentage of the child tax credit allowed in the empire state child tax credit from thirty-three percent to forty-five percent; prescribes how such payment or refund should be made based on amount.
