Budget & Taxes

in committee · New York · Assembly Jan 7, 2026

A 5163: Provides for a deduction from personal gross income for expenses incurred in the adoption of a child in the foster care system

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax deduction for foster care adoption expenses, providing tax relief to adoptive parents by reducing taxable income for qualifying expenses.90% confidence

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in committee · New York · Senate Jan 7, 2026

S 2489: Designates restaurants as qualified businesses for the purposes of the commercial security tax credit program

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax credit program for restaurants, providing tax relief for security costs under state fiscal policy90% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 22, 2026

A 775: Establishes a tax exemption for buildings with bird-friendly design

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for bird-friendly building features, offering tax relief to property owners through reduced tax burden on certified construction costs.95% confidence ✓ EnvironmentSupports EnvironmentPromotes bird conservation by incentivizing collision-preventive building designs, directly supporting environmental protection through wildlife preservation.95% confidence

Sub-Topics Tax Incentives

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signed · New York · Senate Apr 29, 2025

S 7673: Provides for emergency appropriation for the period April 1, 2025 through May 1, 2025

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides emergency funding to maintain state operations, salaries, and essential services through temporary appropriations, directly supporting budget continuity and fiscal management.90% confidence

Sub-Topics State Budget

failed · New York · Assembly Jan 7, 2026

A 7350: Enacts the "make the MTA safe again act"

Enacts the "make the MTA safe again act" to suspend state funding to the metropolitan transportation authority and New York city transit authority pending safety compliance and until an independent forensic audit is conducted and completed.

Topics ✗ Budget & TaxesOpposes Budget & TaxesSuspends state funding to MTA/NYC Transit until safety compliance, defunding essential public transit services.95% confidence ✗ TransportationOpposes TransportationSuspends state funding to MTA/NYC Transit pending safety compliance, directly defunding transportation authorities as a condition.95% confidence

Sub-Topics Audits & Accountability

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in committee · New York · Assembly Jan 7, 2026

A 7507: Creates a homeownership rehabilitation credit

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing taxpayer liability for home rehabilitation expenses, aligning with tax relief indicators for homeowners.95% confidence ✓ HousingSupports HousingCreates 15% tax credit for homeownership rehabilitation expenses, directly incentivizing affordable housing improvements through financial relief for property upgrades.95% confidence

Sub-Topics Historic Preservation Homeownership

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in committee · New York · Senate Apr 29, 2026

S 5060: Relates to establishing a public transportation expansion fund

Establishes a public transportation expansion fund for the purpose of ensuring access to public transportation for publicly funded economic development projects.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates a dedicated public transportation expansion fund, allocating state budget resources for public infrastructure and economic development projects.95% confidence ✓ TransportationSupports TransportationEstablishes public transportation expansion fund to ensure access for economic development projects, directly funding and advancing transit infrastructure.95% confidence

Sub-Topics Tax Incentives Airports Public Transit Transportation Funding

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in committee · New York · Senate Jun 9, 2025

S 7742: Extends the authority of the town of Newburgh to impose a hotel and motel tax

This bill extends Newburgh's existing authority to collect a hotel and motel tax for two additional years, moving the expiration date from 2025 to 2027. It directly affects hotels and motels operating within Newburgh, as well as the town's ability to generate revenue from this tax. The key change is updating the expiration date in the tax law to ensure the tax remains in place through 2027. The bill makes a technical adjustment to the existing law without altering the tax rate or scope of the levy.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends existing hotel/motel tax authority, ensuring continued revenue generation for Newburgh without rate changes, directly supporting local fiscal management and budget stability.95% confidence

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in committee · New York · Senate Jan 7, 2026

S 6459: Provides a rent increase exemption to persons with disabilities

This bill modifies New York's real property tax law to provide tax abatements (reductions in property tax bills) for households where the head of household has a disability. It sets specific income limits: households with disability-related benefits like SSI or SSDI must have combined income under $29,000, while others face a $50,000 threshold, all based on federal disability benefit guidelines. Municipalities can maintain existing local tax abatement rules without new public hearings. The policy directly affects low-to-moderate-income disabled residents and their households seeking property tax relief.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax abatements (reductions) for disability households with income limits, directly offering tax relief to lower-income groups per Budget & Taxes indicators.95% confidence ✓ HousingSupports HousingProvides tax abatements for disabled households with income limits, reducing housing costs for low-income disabled residents, advancing affordable housing access.95% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes Renters

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in committee · New York · Senate Apr 21, 2026

S 1739: Provides for longevity payments for certain state employees

This bill establishes annual longevity payments for state employees in managerial or confidential roles within the executive branch who meet specific service and performance criteria. Employees with 12+ years of service receive a $1,500 payment, those with 17+ years receive an additional $1,500 (plus the 12-year payment), and those with 22+ years receive another $1,500 (plus both prior payments). Payments are based on March 31 service dates, require a performance rating above "Below Minimum," and are paid as lump sums in April each year. The law directly affects eligible managerial/confidential state employees in the executive branch, not all public workers.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases state budget expenditure by adding mandatory longevity payments to employee compensation, directly advancing government spending within budget management.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProvides annual longevity payments ($1,500+ increments) to eligible state employees based on service years, expanding compensation benefits for managerial/confidential roles.90% confidence

Sub-Topics Public Employees

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