Requires any information or data produced internally or by an outside consultant used by the governor, the division of the budget, the department of health or any other relevant state agency to justify such reduction be made available to elected officials prior to funding reductions for hospitals and nursing homes.
This bill requires industrial development agencies to follow new steps before providing over $100,000 in tax exemptions or financial assistance for projects. Agencies must adopt a resolution describing the project, hold a public hearing at the project site, give 10 days' notice to local governments and school districts, and use a standardized application form. The application form must include details like project description, job creation estimates, cost breakdowns, and proof of compliance with tax and environmental laws. These changes directly affect agencies, local governments, school districts, and project applicants seeking tax incentives.
Exempts services provided to board an animal when rendered by a veterinarian licensed and registered as required by the education law or by a commercial horse boarding operation from sales and use taxes.
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.
This bill extends Chautauqua County's authority to impose an additional 1% sales and use tax until November 30, 2027. The tax applies to residents and businesses in the county, with revenue allocated as follows: 3/20 (15%) distributed to local cities, towns, and villages based on population, and the remainder funding county Medicaid costs, road projects, capital improvements, and debt repayment. It modifies existing tax law to continue this specific rate structure beyond its previous expiration. The policy directly affects county taxpayers and shapes how local tax revenue is distributed for public services.
This bill creates a new tax deduction for New York taxpayers who adopt children from the foster care system. It allows deductions for adoption-related expenses including fees, medical costs, legal fees, court costs, and other associated expenses paid during the tax year. The deduction applies specifically to adoptions involving children in foster care, directly benefiting adoptive parents who incur these costs. The provision takes effect immediately for taxable years beginning January 1 after the law is enacted.
This bill expands New York's commercial security tax credit program to include restaurants as eligible businesses. It allows restaurants with 50 or fewer employees to claim a tax credit of $3,000 per location for security costs exceeding $4,000 (for businesses with ≤25 employees) or $6,000 (for businesses with >25 employees). Eligible expenses include security cameras, alarms, lighting, locks, and security officers. The credit applies to taxable years beginning in 2025 and affects qualifying restaurants statewide.
This bill creates a tax exemption for new construction or major improvements in cities with over one million residents that meet certified bird-friendly design standards. It exempts 100% of the *additional cost* for bird-friendly features (like special glass that prevents bird collisions) during the first six years, then gradually reduces the exemption to 20% by year 10. Property owners must document the work, obtain certification from an accredited professional, and file proof with local assessors. The exemption applies only to construction starting January 1, 2025, or later, and requires a minimum $10,000 investment in qualifying features.
Bill S 7673 provides emergency funding to support state government operations for a limited period. It extends appropriations from April 29, 2025, to May 1, 2025, ensuring continued funding for state services. The bill allocates funds for the salaries and benefits of state officers and employees in the executive, legislative, and judicial branches, as well as for non-personal service expenses of state departments and agencies. This measure serves as temporary authority for payments until the full annual budget bills for the state fiscal year beginning April 1, 2025, are enacted.
Creates a homeownership rehabilitation credit; allows a taxpayer to be credited for fifteen percent of the qualified rehabilitation expenses made by such taxpayer with respect to a qualified residence against the tax imposed; defines qualified residence and qualified rehabilitation expenses.
