Budget & Taxes

in committee · New York · Senate Jan 7, 2026

S 4216: Allows salary and civil service exam credits for police officers in certain cities and property tax credits for resident officers

Allows salary and civil service exam credits for police officers in certain cities and property tax credits for resident officers and a student loan forgiveness program for certain police officers.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax credits for resident police officers, a direct tax relief measure targeting public safety personnel within fiscal policy.90% confidence

Sub-Topics Property Tax

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in committee · New York · Assembly Jan 6, 2026

A 9132: Relates to the clergy property tax exemption

Provides that real property held in the cooperative form of ownership by a minister of the gospel, priest or rabbi of any denomination, an actual resident and inhabitant of this state, who is engaged in the work assigned by the church or denomination of which such person is a member, or who is unable to perform such work due to impaired health or is over seventy years of age, shall be exempt from taxation to the extent of fifteen hundred dollars; provides that certain properties receiving a tax exemption pursuant to the clergy property tax exemption are eligible to receive a partial abatement for residential real property held in the cooperative or condominium form of ownership in a city having a population of one million or more.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides $1,500 property tax exemption for clergy, reducing tax burden per bill summary90% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Senate Jan 7, 2026

S 2190: Provides motor fuel tax exemption for sales of diesel motor fuel made to commercial fishermen

Eliminates provisions of law that require the payment and subsequent refund of the ten cent diesel excise tax and sales tax on diesel motor fuel when sold to operators of commercial fishing vessels for use in the operation of such vessels.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts commercial fishermen from diesel tax, providing targeted tax relief per bill's explicit language.90% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 8282: Provides for emergency appropriation for the period April 1, 2025 through May 9, 2025

Bill A 8282 provides emergency funding for the operation of state government for the period of April 1 through May 9, 2025. It allocates money for the salaries and benefits of state officers and employees in the executive, legislative, and judicial branches. The bill also covers operational expenses for state departments and agencies, as well as aid to localities. It specifically updates appropriations for programs such as the Department of Health's Center for Community Health Program.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides emergency appropriations for state operations, salaries, and essential programs, directly advancing budget management and fiscal continuity.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentFunds state employee salaries/benefits and operational expenses, directly supporting employment compensation and workplace conditions for government workers.95% confidence

Sub-Topics State Budget

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in committee · New York · Senate Jan 7, 2026

S 4488: Exempts first-time homebuyers from the mortgage recording tax

This bill exempts first-time homebuyers from the mortgage recording tax on qualifying home purchases. It defines a "first-time homebuyer" as someone who hasn’t owned a primary residence in the past three years (and isn’t married to someone who has), and doesn’t own vacation or investment properties. The exemption applies only to mortgages for primary residences, removing a tax burden for eligible buyers. The law takes effect January 1 following its enactment, applying to mortgages signed on or after that date.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts first-time homebuyers from mortgage tax, providing tax relief for lower-income buyers per support indicators on tax relief.95% confidence ✓ HousingSupports HousingExempts first-time homebuyers from mortgage tax, reducing purchase costs for primary residences and increasing housing affordability.95% confidence

Sub-Topics Homeownership Mortgages Property Taxes

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in committee · New York · Senate May 27, 2025

S 3181: Authorizes the commissioner of finance of the city of New York to establish a property tax amnesty program

Authorizes the commissioner of finance of the city of New York to establish a property tax amnesty program; provides that such program shall last for 4 months and shall forgive up to $1000 of interest on a delinquent tax bill if 100 percent of the principal bill is paid.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief by forgiving interest on delinquent property taxes, encouraging payment compliance and increasing city revenue collection.95% confidence

Sub-Topics Property Tax

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in committee · New York · Assembly Jan 7, 2026

A 4659: Exempts innovative and alternative septic systems from sales and use taxes

This bill exempts qualifying innovative septic systems from sales and use taxes. It specifically covers systems with enhanced treatment technologies (like advanced nitrogen removal) that serve single properties (residences or small businesses) and handle no more than 1,000 gallons of waste daily. Homeowners and small businesses purchasing these systems will avoid paying state sales and use taxes on the equipment. The exemption applies only to systems meeting the defined technical and usage criteria. The bill became effective immediately upon enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts qualifying septic systems from sales tax, providing tax relief to homeowners/small businesses per tax relief indicators for middle/lower income.90% confidence ✓ EnvironmentSupports EnvironmentExempts nitrogen-removing septic systems from taxes, promoting adoption of pollution-reducing technology for wastewater treatment.85% confidence

Sub-Topics Procurement Sales Tax

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in committee · New York · Senate Feb 18, 2026

S 6786: Establishes law enforcement officer grant funds and firefighter grant funds

Establishes law enforcement officer grant funds and firefighter grant funds to cover expenses related to hiring law enforcement officers and firefighters and equipment and resources for such officers and firefighters.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates new state grant funds for law enforcement/firefighter hiring and equipment, directly increasing public safety budget allocations.95% confidence ✓ Criminal JusticeSupports Criminal JusticeFunds law enforcement officer hiring and equipment, directly supporting criminal justice operations per bill's purpose.90% confidence

Sub-Topics Law Enforcement

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in committee · New York · Assembly Jan 7, 2026

A 364: Relates to the treatment of excess credits for the rehabilitation of historic barns

This bill creates a 25% tax credit for New York taxpayers who rehabilitate qualifying historic barns used for agricultural purposes. The credit covers 25% of qualified rehabilitation costs paid within five years, but excludes costs already used for other credits and prohibits credit claims for barns converted to residential use or altering historic appearance. If a taxpayer’s income is under $60,000, excess credit amounts are refunded immediately; otherwise, excess credits carry forward to future tax years. The credit applies only to barns meeting specific historic criteria under New York law and takes effect immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit with immediate refunds for under $60k earners, offering tax relief for lower-income agricultural taxpayers.90% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Sep 8, 2025

A 3551: Relates to the business income rate and expanding the small business subtraction modification

This bill modifies New York's business income tax rates for small businesses with income under $390,000. It reduces the tax rate for businesses earning under $290,000 from 6.5% to 4% for tax years starting in 2026, while adjusting calculations for businesses between $290,000 and $390,000. The changes directly affect small business owners by lowering their tax burden under specific income thresholds. The bill takes effect January 1, 2026, applying to taxable years beginning on or after that date.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces business tax rate from 6.5% to 4% for small businesses under $290k, providing direct tax relief per bill's summary.95% confidence

Sub-Topics Business Taxes Income Tax Tags Small Business

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