Budget & Taxes

in committee · New York · Assembly Jan 7, 2026

A 4686: Exempts the sale of cloth face coverings used to prevent the spread of the novel coronavirus, COVID-19 from sales and use taxes

Exempts the sale of cloth face coverings used to prevent the spread of the novel coronavirus, COVID-19 from sales and use taxes; defines "cloth face coverings" as any material manufactured with the intent of covering the nose and mouth that can be secured to the head or ears with ties or straps.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts essential pandemic items from sales tax, providing direct tax relief for consumers during health crisis95% confidence

Sub-Topics Sales Tax

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in committee · New York · Senate Jan 7, 2026

S 6866: Increases the excelsior research and development tax credit

S 6866 increases the maximum Excelsior R&D tax credit for non-green projects from 6% to 20% of qualifying New York state research and development expenditures. This bill directly affects businesses participating in New York's Excelsior Jobs program that conduct R&D within the state. The key change allows eligible companies to claim a higher tax credit (up to 20%) on their New York-based R&D spending, while maintaining an 8% cap for green projects or Green CHIPS projects. The credit is calculated based on state R&D expenditures, including related wages, and applies to participants in the Excelsior program.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases R&D tax credit from 6% to 20%, providing tax relief to businesses and aligning with fiscal support indicators for tax incentives.95% confidence ✓ TechnologySupports TechnologyIncreases R&D tax credit to 20% for non-green tech projects, directly funding innovation in technology sector.95% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 7969: Excludes certain training stipends for volunteer firefighters from state income tax

Bill A 7969 amends state tax law to exclude certain training stipends received by volunteer firefighters from state income tax. This change applies specifically to training stipends received under section 200-aa of the general municipal law, but only if those stipends are already counted in the firefighter's federal adjusted gross income. The bill aims to reduce the state tax burden for volunteer firefighters receiving these particular training payments.

Topics ✓ Budget & TaxesSupports Budget & TaxesExcludes firefighter training stipends from state income tax, providing direct tax relief. Aligns with tax relief indicator for middle/lower income groups.90% confidence

Sub-Topics Income Tax

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in committee · New York · Senate Jan 7, 2026

S 2615: Authorizes one percent of mobile sports tax revenue be used for problem gambling

This bill directs 1% of mobile sports betting tax revenue (with a minimum of $6 million annually) to fund problem gambling education and treatment programs. It requires the state gaming commission to allocate these funds starting in the first fiscal year mobile betting operations begin, with the money deposited into the commercial gaming fund for this specific purpose. The policy directly affects state-funded gambling treatment services and public health programs addressing gambling addiction. It creates a dedicated, ongoing revenue stream from mobile sports betting taxes to support these services, separate from other lottery or gaming funds.

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects mobile sports betting tax revenue to fund gambling treatment programs, increasing public health funding via existing tax allocation.95% confidence ✓ HealthcareSupports HealthcareBill allocates $6M+ annually for problem gambling treatment/education, directly funding mental health services under public health programs.95% confidence

Sub-Topics Revenue Public Health Substance Abuse

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passed · New York · Assembly Jun 4, 2026

A 2631: Provides additional tax exemptions for two qualified veterans living in the same household

This bill expands property tax exemptions for veterans living together in the same household. It adds up to a 7.5% exemption (capped at $6,000) for non-combat veterans sharing a home, and up to a 5% exemption (capped at $4,000) for veterans who served in combat zones. Local governments must adopt these provisions through public hearings and local ordinances to implement the additional tax breaks. The changes directly affect qualifying veterans living with other veterans and require local jurisdictions to formally approve the exemptions.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemptions (reducing burden) for veterans, directly aligning with tax relief indicator for middle/lower income groups in Budget & Taxes.95% confidence ✓ VeteransSupports VeteransExpands property tax exemptions for veterans, adding financial benefits based on service type (combat/non-combat)90% confidence

Sub-Topics Property Tax Veteran Education Veteran Housing

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in committee · New York · Assembly Jun 16, 2025

A 7854: Authorizes the town of Patterson to impose a hotel and motel tax

This bill authorizes the town of Patterson to impose a tax of up to 5% on hotel and motel room rentals, including bed and breakfasts and tourist facilities, but not on guests staying 90+ consecutive days (defined as "permanent residents"). Hotels and motels would collect the tax from guests and remit it to the town’s chief fiscal officer, with exemptions for state/federal government, non-profits, and other specified entities. All tax revenue would go into Patterson’s general fund for any lawful purpose, such as public services or infrastructure. The authorization expires two years after the bill takes effect.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes new local tax (up to 5%) to fund Patterson's general budget, increasing revenue stream for municipal fiscal management.95% confidence

Sub-Topics Revenue State Budget

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in committee · New York · Assembly Jan 7, 2026

A 1883: Directs the department of taxation and finance to create and implement an online program which will enable New York state taxpayers to electronically file income tax returns free of charge

Directs the department of taxation and finance to create and implement an online program which will enable each New York state taxpayer to prepare and electronically file such taxpayer's federal and state income tax returns free of charge.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates free online tax filing, reducing taxpayer costs and promoting efficient tax administration, aligning with fiscal responsibility in tax processes.90% confidence ✓ TechnologySupports TechnologyCreates free online tax filing, advancing digital access and equity for taxpayers through mandatory state-provided digital service.90% confidence

Sub-Topics Income Tax

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in committee · New York · Senate Jun 12, 2025

S 7790: Authorizes the village of Croton-on-Hudson to impose a hotel and motel tax

S 7790 authorizes the village of Croton-on-Hudson to impose a 3% tax on hotel and motel stays for short-term guests (less than 90 consecutive days), excluding permanent residents. Hotels and motels would collect the tax from guests and remit it to the village, with revenues deposited into the village’s general fund for any lawful purpose. The tax would expire after two years, and the bill includes specific collection rules and exemptions for certain entities like government bodies and nonprofits. This directly affects hotels, motels, and bed-and-breakfast facilities operating within Croton-on-Hudson.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes a 3% hotel tax for village revenue, directly enabling local fiscal management and budgeting through new tax collection.95% confidence

Sub-Topics State Budget

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in committee · New York · Assembly Jan 30, 2026

A 3715: Repeals section 3 of article 16 relating to the taxation of moneys, credits, securities and other intangible personal property in the state that is not employed in carrying on any business therein

Relates to the taxation of moneys, credits, securities and other intangible personal property in the state that is not employed in carrying on any business therein.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill repeals a tax on intangible property not used in business, reducing tax burden. Explicit tax repeal aligns with tax relief indicator.95% confidence

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in committee · New York · Assembly Jan 7, 2026

A 3537: Relates to enacting the rainy day act; repealer

Enacts the rainy day act; moves funds from the tax stabilization fund to the rainy day reserve fund; increases the maximum balance; requires certain deposits; prohibits establishment of funds except by statute.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnacts rainy day fund to enhance fiscal responsibility via fund transfers, increased reserve balance, and deposit requirements for emergency budget stability.95% confidence

Sub-Topics State Budget

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