Budget & Taxes (Tax Incentives)

in committee · New York · Assembly Jun 5, 2026

A 10898: Authorizes the Hicksville Water District to receive retroactive real property tax exempt status

This bill allows the Hicksville Water District to receive a retroactive exemption from real property taxes for specific years and tax rolls. It authorizes the Nassau County assessor to process a tax exemption application for the district's property at 109 Stewart Ave in Hicksville, treating it as if the request had been filed on time. If the exemption is approved, the district may be eligible for a refund of any taxes already paid and the cancellation of related penalties or liens. The legislation takes effect immediately upon passage.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill grants retroactive tax exemption to a water district, reducing its tax burden and potentially enabling refunds or penalty cancellations.90% confidence

Sub-Topics Property Tax Tax Incentives

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passed · New York · Senate Jun 1, 2026

S 10032: Authorizes Hachaim Veshalom to file an application for a retroactive real property tax exemption with the county of Nassau assessor

This bill allows the nonprofit organization Hachaim Veshalom to apply for a retroactive real property tax exemption for its building at 125 Cedarhurst Avenue in Cedarhurst. If approved by the Nassau County Legislature, the county assessor would treat the application as if it were filed on time, potentially correcting the tax rolls for the 2023 tax year. Should the exemption be granted, the organization could receive a refund of any taxes already paid and have related fines or penalties canceled.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides retroactive tax exemption for a nonprofit, reducing its financial burden and aligning with fiscal relief principles.75% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Jun 4, 2026

A 11427: Provides a tax exemption on certain auxiliary dwelling units constructed for seniors or disabled individuals

Allows a real property tax exemption for dwelling units constructed for senior citizens or disabled persons receiving social security disability benefits.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief to seniors and disabled individuals, aligning with support indicators for providing tax relief to lower income groups.85% confidence ✓ HousingSupports HousingBill provides tax exemptions for auxiliary dwelling units for seniors and disabled individuals, directly advancing affordable housing options for vulnerable populations.90% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes Zoning

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in committee · New York · Assembly May 28, 2026

A 11243: Establishes a real property tax exemption for certain property owners who reside full-time on such property in certain counties

Establishes a real property tax exemption for certain property owners who reside full-time on such property in certain counties; requires that such owners occupy such property as their primary residence and are enrolled in or eligible for the STAR exemption or credit or that such owners rent to a tenant for a term of at least twelve months and such tenant occupies such property as their primary residence.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides real property tax exemptions, directly reducing tax burdens for qualifying residents and promoting fiscal relief.90% confidence ✓ HousingSupports HousingBill provides tax exemptions for primary residences, reducing costs for homeowners and potentially increasing housing stability.75% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes Renters

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in committee · New York · Senate May 4, 2026

S 10175: Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater

Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater from $20,000 to $25,000 in 2027, $30,000 in 2028, $35,000 in 2029 and $40,000 for each subsequent year.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases tax exemption for pensions, providing tax relief to retirees and reducing their tax burden.90% confidence

Sub-Topics Pensions Tax Incentives

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in committee · New York · Assembly May 27, 2026

A 11484: Relates to affordable housing in New York city

Provides that no tax exemption shall be given for any unit that has not agreed in writing to maintain such unit as their primary residence for no less than five years from the acquisition of such unit.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill restricts tax exemptions for non-primary residences, preventing tax breaks for vacant or investment units and promoting fiscal responsibility.85% confidence ✗ HousingOpposes HousingBill restricts affordable housing by denying tax exemptions for units not used as primary residences for five years, limiting housing development.90% confidence

Sub-Topics Tax Incentives Affordable Housing Property Taxes

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in committee · New York · Assembly May 1, 2026

A 11210: Expands the empire state apprenticeship tax credit to include additional credit for people with disabilities

This bill expands a tax credit available to New York employers who hire apprentices, specifically adding a new benefit for hiring people with disabilities. Under the new rules, employers can claim an additional $500 tax credit for each person with a disability they hire as an apprentice. The definition of disability used in the bill matches the existing legal definition found in the state's executive law. This change aims to provide financial incentives for businesses to include individuals with disabilities in their apprenticeship programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands a tax credit to provide financial incentives for hiring apprentices with disabilities, directly advancing fiscal management goals.90% confidence ✓ EducationSupports EducationBill expands educational access by incentivizing apprenticeships for people with disabilities, aligning with support indicators for enhancing student programs and access.75% confidence ✓ HealthcareSupports HealthcareBill provides tax incentives for hiring apprentices with disabilities, improving access to employment and economic stability for a vulnerable population.75% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill provides financial incentives for hiring apprentices with disabilities, expanding employment opportunities and supporting inclusive workforce development.90% confidence

Sub-Topics Tax Credits Tax Incentives Apprenticeships Tags People with Disabilities

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signed · New York · Senate Aug 21, 2026

S 10223: Authorizes the South End Children's Cafe to file an application for a retroactive real property tax exemption with the city of Albany assessor

Authorizes the South End Children's Cafe Inc. to file an application for a retroactive real property tax exemption with the city of Albany assessor for all applicable taxes from the 2025-2026 assessment rolls.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill grants a retroactive tax exemption to a children's cafe, reducing its tax burden and aligning with fiscal relief for essential community services.85% confidence

Sub-Topics Property Tax Tax Incentives

passed · New York · Senate Jun 5, 2026

S 10608: Authorizes the county of Nassau assessor to accept an application for a real property tax exemption from the Lakeview Fire District

Authorizes the county of Nassau assessor to accept an application for a real property tax exemption from the Lakeview Fire District with respect to the 2025-2026 assessment roll for a portion of the 2025-2026 school taxes and a portion of the 2026 general taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief by authorizing a real property tax exemption, reducing the tax burden on specific properties.85% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Senate Jun 4, 2026

S 9833: Requires an annual brownfields redevelopment tax credit report

This bill requires the state tax commissioner to publish an annual report on brownfields redevelopment tax credits by June 30th each year. The report will list the names of entities that claimed these credits, along with the specific amounts awarded for site cleanup and property improvements. Additionally, the document will detail the number of construction jobs created, worker wage rates, apprenticeship participation, and the involvement of minority and women-owned businesses. This change aims to increase transparency regarding how these tax incentives are utilized and the resulting economic impacts of brownfields redevelopment projects.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill enhances fiscal transparency and accountability by mandating detailed reporting on tax credit usage, aligning with responsible fiscal management.85% confidence ✓ EnvironmentSupports EnvironmentBill mandates reporting on brownfields redevelopment tax credits, which fund site cleanup and environmental remediation, directly supporting environmental protection.85% confidence ✓ HousingSupports HousingBill promotes brownfields redevelopment, which can increase housing supply and create jobs, though it focuses on reporting rather than direct funding.65% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill mandates reporting on job creation, wage rates, and minority/women-owned business involvement, promoting labor transparency and economic opportunity.65% confidence

Sub-Topics Tax Credits Tax Incentives Community Development Apprenticeships Tags Data Reporting

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