Budget & Taxes

in committee · New York · Senate Jun 12, 2025

S 8155: Authorizes occupancy taxes in the city of Utica and the city of Rome

S 8155 allows the cities of Utica and Rome to impose a 3% occupancy tax on hotel, motel, and bed-and-breakfast stays for guests renting rooms overnight. The tax applies to the daily rental cost of rooms (not long-term stays), collected by property owners and paid to the city. It excludes government entities, non-profits meeting specific criteria, and permanent residents (those staying 90+ consecutive days). All revenue must go to the city’s general fund for municipal services, with local laws limited to two-year terms.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes 3% occupancy tax on short-term rentals to fund city general fund for municipal services, directly increasing local tax revenue for government spending.95% confidence

Sub-Topics State Budget

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in committee · New York · Senate Jan 7, 2026

S 6838: Increases the applicable percentage of the child tax credit allowed in the empire state child tax credit to forty-five percent

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases child tax credit percentage from 33% to 45%, providing tax relief to families and strengthening state tax credit program.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Sep 8, 2025

A 3519: Authorizes the New York state energy research and development authority to develop a temporary middle income home energy assistance program; suspend taxes on home heating fuels; appropriation

Authorizes the New York state energy research and development authority to develop, implement, administer and operate a temporary middle income home energy assistance program; suspends certain taxes on home heating fuels; makes an appropriation therefor.

Topics ✓ Budget & TaxesSupports Budget & TaxesSuspends taxes on home heating fuels for middle-income households, providing direct tax relief per 'support' indicators.95% confidence ✓ EnergySupports EnergyFunds middle-income home energy assistance and suspends home heating fuel taxes, directly reducing consumer costs and protecting utility consumers.95% confidence

Sub-Topics Appropriations

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in committee · New York · Assembly Jan 7, 2026

A 4292: Provides a partial exemption from real property taxes for special police officers

Provides a partial tax exemption from real property taxes for real property owned by special police officers residing in any county, excluding any county wholly contained in a city with a population of one million or more.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides partial tax exemption for special police officers, a form of tax relief aligning with support indicators.90% confidence

Sub-Topics Tax Incentives

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in committee · New York · Senate Jan 7, 2026

S 5465: Authorizes municipalities to adopt a sales tax exemption for clothing and footwear after March first, two thousand twenty-five

Authorizes municipalities to adopt a local law, ordinance or resolution providing for a sales tax exemption for clothing and footwear after March 1, 2025 and no later than August 1, 2025; provides for the repeal of such provisions on January 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides temporary sales tax exemption on essential clothing/footwear, offering tax relief to consumers, aligning with support for fiscal relief measures.90% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 3286: Establishes a tax on certain vacant land in the city of New York

Establishes a tax on certain vacant land in the city of New York; provides exemptions for certain vacant land; establishes a tax credit for certain renovations to certain rent-stabilized properties.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes new tax on vacant land, directly increasing municipal revenue for budgetary purposes without targeting lower-income groups.95% confidence ✓ HousingSupports HousingTax on vacant land incentivizes development; tax credit for rent-stabilized renovations protects tenant rights and maintains affordable housing stock.85% confidence

Sub-Topics Tax Credits Renters

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in committee · New York · Assembly May 7, 2026

A 3057: Repeals subdivision (jj) of section 1115 of the tax law and subdivision 13 of section 1118 of the tax law relating to sales and compensating use taxes imposed with respect to vessels

This bill repeals specific tax provisions related to vessels (like boats) that were added to New York's tax law in 2015. It removes two subdivisions: one in section 1115 (affecting sales taxes on vessels) and another in section 1118 (affecting compensating use taxes on vessels). The repeal eliminates these specific tax rules, meaning vessel sellers and owners will no longer be subject to these particular tax requirements. The change takes effect on June 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesRepeals vessel tax provisions, eliminating sales/use tax requirements for vessels, providing tax relief per tax law changes.95% confidence

Sub-Topics Sales Tax

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signed · New York · Senate Aug 21, 2026

S 8263: Authorizes the Congregation Khal Mevakshei Hashem, Inc. to receive retroactive real property tax exempt status

Authorizes the Congregation Khal Mevakshei Hashem, Inc. to receive retroactive real property tax exempt status for the 2024 assessment roll and all of the 2023-2024 school taxes.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill grants retroactive tax exemption for specific entity, reducing state revenue and weakening budget revenue collection.90% confidence

Sub-Topics Property Tax

in committee · New York · Assembly Jan 7, 2026

A 3284: Establishes a tax on certain vacant residential properties in the city of New York

This bill would require New York City property owners to pay a tax on residential properties left vacant for 180+ days. The tax starts at 1.5% of the property's value for the first two years of vacancy, rising to 3% after two years. It includes exemptions for new constructions (built within a year), properties of recently deceased owners, homes undergoing permitted renovations, and properties where occupants moved to care facilities. Property owners must provide documentation like utility bills or leases to claim exemptions, and revenue would fund tax credits for non-vacant properties.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes new tax on vacant properties to generate revenue, directly increasing government tax income and budget resources.95% confidence ✓ HousingSupports HousingTax on vacant properties incentivizes occupancy, increasing housing supply and affordability in NYC by discouraging long-term vacancies.95% confidence

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in committee · New York · Senate May 28, 2025

S 3856: Relates to the imposition of sales and compensating use taxes with respect to certain aircraft; and repeals certain provisions of the tax law relating thereto

Relates to the imposition of sales and compensating use taxes with respect to certain aircraft; repeals provisions relating to the exemption from sales and compensating use taxes of general aviation aircraft, and machinery or equipment to be installed on such aircraft.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill repeals tax exemption for aircraft, closing a loophole and increasing tax revenue, aligning with closing tax loopholes under budget/tax support.90% confidence

Sub-Topics Sales Tax

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