Budget & Taxes

passed · New York · Senate Jun 1, 2026

S 1378: Relates to the provision of financial assistance to museums, zoos, botanical gardens, aquariums and other cultural institutions located in low-income urban, suburban or rural communities

Relates to the provision of financial assistance to museums, zoos, botanical gardens, aquariums and other cultural institutions located in low-income urban, suburban or rural communities, or that provide educational services to students from such communities.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates state funds to cultural institutions in low-income communities, increasing public spending on cultural services per budget & taxes topic description.95% confidence

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in committee · New York · Assembly Jan 7, 2026

A 4540: Relates to packaging and taxing of e-liquid products

Relates to verification of compliance with federal and state regulations on packaging of e-liquid products; relates to creating a "tobacco and vaping cessation fund" to be funded with tax revenue from sales of e-liquid products.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax on e-liquids to fund tobacco cessation program, directly allocating tax revenue to a public health initiative.95% confidence

Sub-Topics Revenue

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in committee · New York · Assembly Jan 7, 2026

A 5439: Establishes an active military service travel credit

Establishes an active military service travel tax credit for New York domiciled active-duty military members for the cost of their airfare when they travel back home to the state.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates a tax credit reducing tax burden for military members, aligning with tax relief indicators for targeted groups.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Feb 25, 2026

A 3853: Relates to property tax exemptions for nonprofit organizations

Relates to property tax exemptions for nonprofit organizations; allows for nonprofit organizations to file an application for an exemption with the assessor no later than the taxable status date applicable to the following year's assessment roll where such nonprofit organization has purchased property after the taxable status date but prior to the levy of taxes.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill creates property tax exemption for nonprofits, reducing state tax revenue (weakening tax base for budget management).90% confidence

Sub-Topics Property Tax

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in committee · New York · Assembly Jan 7, 2026

A 1373: Increases the amount of residential solar tax credits

This bill increases the residential solar tax credit to 26% of qualified solar equipment costs, with new maximum credit amounts: $3,750 for installations before 2026, $5,000 for installations in 2026, and $10,000 for installations in 2027 and after. It applies to homeowners who install solar systems in their principal residence within the state, covering equipment purchases, long-term leases (10+ years), and power purchase agreements (10+ years). The credit can be carried over for up to five years if it exceeds annual tax liability, and for low-income taxpayers or those in disadvantaged communities, excess credit may be refunded starting in 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases residential solar tax credit (26% of costs) with higher max credits, providing direct tax relief to homeowners for renewable energy adoption, aligning with fiscal support for sustainable energy.95% confidence ✓ EnergySupports EnergyIncreases residential solar tax credits (26%) to boost renewable energy adoption, directly advancing clean energy infrastructure investment per bill's explicit purpose.95% confidence ✓ EnvironmentSupports EnvironmentIncreases solar tax credits to promote residential renewable energy adoption, directly advancing clean energy use and reducing fossil fuel reliance for environmental protection.95% confidence

Sub-Topics Tax Credits Solar

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in committee · New York · Assembly Jan 7, 2026

A 7016: Relates to expanding New York's manufacturing tax incentive to S corporations

This bill extends New York's existing manufacturing tax incentive program to S corporations that qualify as New York manufacturers. It allows shareholders of these S corporations to claim a tax credit based on distributions received from qualifying manufacturing businesses, rather than only C corporations previously eligible. The key mechanism adjusts tax law provisions to calculate the credit using a formula tied to shareholder distributions and income derived from New York manufacturing activities. This change directly affects S corporation shareholders operating in New York's manufacturing sector by providing them access to a tax benefit previously unavailable to their entity structure.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill expands tax credit to S corporations, reducing state revenue. This weakens tax base per 'oppose' indicators (weakens tax system, reduces revenue).85% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 9037: Increases the cap on the credit for contributions to certain funds for contributions to the SUNY Impact Foundation to twenty million dollars

Increases the cap on the credit for contributions to certain funds for contributions to the SUNY Impact Foundation from ten million dollars to twenty million dollars.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit cap for SUNY donations, providing tax relief through expanded contribution incentives for public education funding.95% confidence

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in committee · New York · Senate Jan 7, 2026

S 609: Relates to allowing municipalities to accept retroactive applications for real property tax exemptions from certain veterans

This bill allows municipalities (cities, towns, or villages) to accept retroactive applications for property tax exemptions from veterans who already qualify but missed the original filing deadline. It permits local governments to create rules letting veterans apply for past exemptions, provided they would have qualified if they applied by the tax filing date and the application covers only the three years before the current filing date. Municipalities must hold a public hearing before adopting such rules. The policy directly affects veterans who were eligible for property tax exemptions but didn't file on time, enabling them to potentially reclaim tax payments for up to three prior years.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides retroactive property tax exemptions for veterans, reducing their tax burden and aligning with tax relief support for qualifying individuals.90% confidence ✓ VeteransSupports VeteransAllows retroactive property tax exemptions for qualifying veterans, expanding access to existing benefits they missed due to deadline errors.95% confidence

Sub-Topics Property Tax Veteran Benefits Veteran Housing

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in committee · New York · Senate Jan 7, 2026

S 827: Establishes the rural emergency first responder program revolving fund

This bill creates a revolving fund to support rural emergency first responders through grants for specialized training. It directly affects local police, fire, emergency services, hospitals, and agricultural safety organizations by providing affordable access to "farmedic" programs - training that combines classroom instruction with hands-on practice in real rural settings like farms and fields. The fund, financed through state appropriations and investment earnings, will cover eligible costs such as equipment, materials, and staff fees for qualifying organizations to expand their participation in these programs. Grantees must repay funds or use them as specified, ensuring the fund remains sustainable for ongoing rural emergency response training.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a revolving fund financed by state appropriations, directly allocating budget resources to fund rural emergency services training programs.95% confidence ✓ HealthcareSupports HealthcareFunds rural emergency responder training (farmedic programs), directly enhancing emergency medical services access and provider capacity in underserved areas.95% confidence

Sub-Topics Hospitals Tags Emergency Management

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in committee · New York · Senate Jan 7, 2026

S 4503: Expands eligibility for tax abatement for rent-controlled and rent regulated property occupied by persons with disabilities

Expands eligibility for tax abatement for rent-controlled and rent regulated property occupied by persons with disabilities to include individuals who do not meet the non-medical qualifications for SSDI and SSI but, by reason of the individual's disability, the individual is not able to engage in substantial gainful activity as that term is defined by the federal social security administration.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax abatement eligibility for properties housing disabled individuals, providing targeted tax relief to support affordable housing for vulnerable populations.95% confidence ✓ HousingSupports HousingExpands tax abatement for rent-regulated housing occupied by disabled tenants, strengthening tenant protections and affordability for a vulnerable group in existing regulated housing stock.95% confidence

Sub-Topics Tax Incentives Property Taxes Renters

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