Budget & Taxes

in committee · New York · Senate Jan 7, 2026

S 1884: Requires state agencies to expend funds no later than ninety days after receipt of a certificate of approval from the director of the budget

Requires state agencies to expend funds no later than ninety days after receipt of a certificate of approval from the director of the budget; reduces the budget of an agency that violates such requirement for the upcoming fiscal year by 1% of the amount of the late award.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnforces timely expenditure of funds to prevent budget waste, promoting fiscal responsibility in state budget management.90% confidence

Sub-Topics Appropriations Procurement State Budget

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in committee · New York · Assembly Jan 7, 2026

A 9138: Imposes an excise tax on energy used in digital asset mining using proof-of-work authentication methods

Imposes an excise tax on any taxpayer engaged in the trade or business of digital asset mining; provides that taxes, interest, and penalties collected or received from such taxes shall be used for prompt assistance to utility customers enrolled in energy affordability programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes excise tax on digital mining to fund energy affordability programs for low-income utility customers, directly allocating tax revenue to essential public service.95% confidence ✓ EnergySupports EnergyTax on crypto mining energy usage funds utility affordability programs, directly protecting energy consumers per topic indicators.92% confidence

Sub-Topics Sales Tax

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failed · New York · Assembly Jan 7, 2026

A 4720: Relates to enacting the volunteer emergency services mileage reimbursement tax credit

Relates to enacting the volunteer emergency services mileage reimbursement tax credit; allows an active volunteer firefighter or a volunteer ambulance worker a credit equal to their reasonable mileage allowance owed for each mile actually and necessarily traveled by the volunteer firefighter or volunteer ambulance worker who utilizes their personal vehicle in the fulfillment of their emergency response duties.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a tax credit for volunteer emergency workers, providing direct tax relief for lower-income volunteers by reducing their tax liability for mileage expenses.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 6127: Relates to providing a tax exemption for volunteer firefighters and volunteer ambulance workers

Relates to providing a tax exemption for volunteer firefighters and volunteer ambulance workers in a county with a population of more than 250,000 and less than 500,000 persons.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax exemption for volunteer firefighters/ambulance workers, directly offering tax relief under taxation policy per topic description.95% confidence

Sub-Topics Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 3326: Relates to the taxation of electronic cigarette cartridges

This bill reclassifies electronic cigarette cartridges as tobacco products for tax purposes. It defines "electronic cigarette cartridge" as a replaceable unit containing nicotine or chemicals for use in e-cigarettes, and explicitly includes these cartridges under the existing tobacco product tax category. Businesses selling these cartridges will now be subject to tobacco product taxes instead of separate e-cigarette regulations. The law requires the Department of Taxation and Finance to create implementation rules within 180 days of becoming law.

Topics ✓ Budget & TaxesSupports Budget & TaxesReclassifies e-cigarette cartridges under tobacco tax, expanding tax base and increasing state revenue for fiscal management.95% confidence

Sub-Topics Sales Tax

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in committee · New York · Senate Jan 7, 2026

S 2259: Provides for indexing of certain appropriations

Provides for indexing of certain appropriations; provides that on and after January 1, 2027 and on each following January first, the commissioner shall index the level of such appropriations for subsequent state fiscal years based on the national highway construction cost index for the most recent twelve month period; provides that the commissioner shall increase appropriations by the rate of inflation for the most recent twelve month period that is available at the time the adjusted rate is calculated and announced using the national highway construction cost index, or a successor index as calculated by the United States federal highway administration, if such rate of inflation is greater than zero percent.

Topics ✓ Budget & TaxesSupports Budget & TaxesIndexes state appropriations to inflation via construction cost index, maintaining real-term funding levels for public services and promoting fiscal responsibility.90% confidence ✓ TransportationSupports TransportationBill mandates annual funding adjustments for highway construction appropriations using cost index, ensuring sustained investment in transportation infrastructure.95% confidence

Sub-Topics Roads & Highways Transportation Funding

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in committee · New York · Assembly Jan 7, 2026

A 3314: Establishes a reduced sales tax rate for certain small businesses

Establishes a reduced sales tax rate for small businesses which reside in the state and are independently owned and operated, not dominant in its field and employs fifty or less persons.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces sales tax for qualifying small businesses, providing tax relief as a direct support indicator for Budget & Taxes.95% confidence

Sub-Topics Business Taxes Sales Tax

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in committee · New York · Assembly Jan 7, 2026

A 6271: Grants a total exemption from real property taxation for school tax purposes for certain persons seventy-five years of age or over

Grants a total exemption from real property school tax for property owned by a person seventy-five years of age or older, or owned by spouses or siblings if one such person is seventy-five years of age or over, provided the owner has no children in the school district and has resided in the district for 30 years or more.

Topics ✓ Budget & TaxesSupports Budget & TaxesGrants tax exemption for seniors, reducing property tax burden for eligible residents, aligning with tax relief support for lower-income seniors.90% confidence

Sub-Topics Property Tax

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in committee · New York · Assembly Jun 10, 2025

A 3729: Establishes a real property tax exemption for surviving spouses of police officers killed in the line of duty

Bill A 3729 would provide a 50% exemption from real property taxes on the primary residence of surviving spouses of police officers killed in the line of duty. Local governments would need to pass a law or resolution to implement this exemption, which applies to primary homes including certain cooperative housing arrangements. Eligibility requires proof the officer died while on duty, verified through documentation like death certificates or service records. This policy change directly affects surviving spouses of fallen officers by reducing their property tax burden.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for surviving spouses, reducing property tax burden per bill's 50% real property tax relief provision95% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Senate Jan 7, 2026

S 6706: Relates to providing a tax exemption for volunteer firefighters and volunteer ambulance workers

Relates to providing a tax exemption for volunteer firefighters and volunteer ambulance workers in a county with a population of more than 250,000 and less than 500,000 persons.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for volunteer first responders, reducing their tax burden - aligns with tax relief for lower-income groups in fiscal policy.95% confidence

Sub-Topics Tax Incentives

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