This bill allows the city of Albany to add unpaid fines for housing, building, and fire code violations to a property owner's annual tax bill. To qualify for this measure, the fines must be at least five percent of the property's tax value, remain unpaid for one year, and apply only to non-owner-occupied residential properties. The legislation also requires the city to notify owners of these additions and to create a support program for tenants facing potential foreclosure due to unpaid violations. Property owners can avoid foreclosure by paying the owed amount before the tax auction deadline or by entering into a payment plan with the city. If a property is sold at auction, any remaining balance after covering the fines and costs can still be pursued against the former owner.
Authorizes the assessor of the town of Babylon to accept from Christian Congregation of Long Island an application for exemption from real property taxes with respect to the 2023-2024 assessment rolls.
This bill provides a full exemption from real property taxes, special district charges, and assessments for the primary residences of certain disabled veterans. To qualify, a veteran must have been discharged under honorable conditions, possess a qualifying disability or be a discharged LGBT veteran, and be rated as permanently and totally disabled by the U.S. Department of Veterans Affairs. The exemption also applies to land used for housing units modified to accommodate the veteran's disability needs, provided the veteran meets all other statutory requirements. This change directly affects eligible veterans by removing their home's tax liability while leaving other existing veteran exemptions intact.
Defines affordability option D under the affordable neighborhoods for New Yorkers tax incentive to include an annual adjustment to reflect the percentage increase in the consumer price index for all urban consumers published by the United States department of labor.
This bill creates a new tax credit for taxpayers who experience the birth of a stillborn child. The provision allows eligible individuals to claim a refundable credit of $2,000 for the tax year in which a medical certificate of stillbirth is issued. To qualify, the stillborn child must meet the legal definition of a dependent under current tax laws. The measure applies to taxable years beginning on or after January 1, 2026, and authorizes the necessary regulatory updates to take effect immediately.
This bill extends tax credits for a specific brownfield cleanup project located at 1800 Park Avenue in East Harlem. It allows developers working on this site to claim financial incentives for site preparation, groundwater remediation, and tangible property placement that would otherwise expire. The legislation ensures these credits remain available for costs incurred before 2031 and extends the benefit period for the remediated brownfields credit to ten consecutive tax years. Directly affected parties are developers who have already completed cleanup agreements for this location and are planning to place property or purchase the site by the 2031 tax year.
This bill directs the County of Herkimer to deposit any remaining money from its additional sales and use tax into the county's general fund for general purposes. Previously, the county was required to use all revenue from this specific tax to build correctional facilities. The legislation effectively allows the county to use leftover tax funds for other needs once construction expenses are covered. It amends the state tax law to change how these specific collections are handled.
This bill directs the state comptroller to provide loans to specific transportation accounts, including those for transit authorities, railroads, and public transportation systems. It also authorizes a transfer of up to $48.85 million from the general fund to the MTA financial assistance fund and mobility tax trust account by March 31, 2027. The legislation is temporary and will automatically end once the official 2026-2027 budget law is passed.
Enacts the "no tax dollars for terror act" to increase transparency and accountability of organizations engaging in political activities and supporting terrorism; requires the disclosure of paid protestors; directs the attorney general to make a formal determination of ineligibility where an organization has provided material support or resources to a terrorist organization.
Authorizes the Cong Ahavas Yisrael, Inc. to receive retroactive real property tax exempt status for the 2026 assessment roll and all of the 2025-2026 school taxes.
