Exempts vehicles owned and/or operated by a not-for-profit corporation, any private vehicle operated by a worker or volunteer, first responders, military personnel, veterans, healthcare workers, critical infrastructure workers acting on behalf of such organization or public employees traveling in an official capacity, wholesale food distributors or wholesale or retail delivery vehicles from the imposition of the metropolitan commuter transportation mobility tax.
This bill extends Greene County's authorization to impose an additional 1% sales and use tax (on top of the existing 3% rate) through November 30, 2027. It directly affects residents and businesses in Greene County who pay sales taxes on goods and services. The key change updates the expiration date from 2025 to 2027 in the tax law, maintaining the same tax rate and scope. The bill does not alter the tax rate or create new tax categories - only extends the current authorization period. The bill was signed into law on August 7, 2025 (Chapter 285).
Relates to creating a separate tax on inheritance income, creating a separate tax on gift income, the computation of the estate tax, and creating a gift tax.
This bill amends New York's property tax law to include specific cooperative and condominium properties in the "class one" tax category, which typically has lower tax rates than other property classes. It adds two new categories: condominiums that are owner-occupied (with no prior non-condominium classification) and cooperative properties that were part of pre-1940 bungalow colonies maintained solely for owner-occupant use. These properties will now qualify for class one assessment instead of being excluded, potentially reducing their tax burden. The change directly affects residential property owners in qualifying cooperative buildings and condominiums meeting the specified conditions. It does not alter tax rates but adjusts eligibility for the lower-rate classification.
This bill extends Fulton County's authority to collect an additional 1% sales tax on top of the existing 3% rate, allowing the county to continue this tax until November 30, 2027. It directly affects residents and businesses in Fulton County who pay sales tax on goods and services. The key provision updates the expiration date of the county's existing tax authorization, which was set to end in 2025 but is now extended to 2027. The bill does not change the tax rate or create new taxes - it only prolongs the current authorization period.
Directs the commissioner of housing and community renewal to create and maintain a database of vacant residential housing units, and to create an affordable housing development program; imposes a tax on vacant residential housing units; creates an affordable housing development program fund.
This bill increases the state income tax credit available to active volunteer firefighters and volunteer ambulance workers. Starting January 1, 2027, the credit for eligible resident taxpayers will increase from $200 to $1,200 per year. To qualify, individuals must have served actively for the entire taxable year. For two qualifying spouses filing a joint return, the credit amount will be $2,400, and any excess credit over the tax owed will be refunded.
Enacts the "grid resiliency act" relating to the operation of major electric generation facilities, peaker plants, and simple cycle and regenerative combustion turbines, and to tax credits for the purchase and installation of residential auxiliary electric generating equipment and for disruptions in electric or gas service.
This bill exempts the Metropolitan Transportation Authority (MTA) and related transit agencies (New York City Transit Authority, Triborough Bridge and Tunnel Authority) from paying state fees when issuing bonds. It amends a law to specifically exclude these agencies' bonds from standard bond issuance charges required by the state. The provision directly affects how these transit authorities finance projects by removing a financial obligation for bond sales. The change applies immediately upon enactment and covers all bonds issued by these entities, including those tied to federal recovery programs.
Provides a resident taxpayer an additional personal income tax exemption for each dependent who is 65 years of age or older and who is residing with the taxpayer; requires the office for the aging to biennially report to the governor and legislature concerning the effects of such additional tax exemption on programs offered under the auspices or with the support, direct or indirect, of the office for the aging.
