Budget & Taxes

signed · New York · Assembly Dec 5, 2025

A 7348: Increases the tax on deeds in the city of Mount Vernon

This bill raises Mount Vernon's deed tax rate to 1.5% on the value of real property sold or transferred within the city. It directly affects homebuyers, sellers, and property owners who complete transactions in Mount Vernon, requiring payment of the tax before deeds can be recorded. Key provisions include a $100,000 exemption on the property value (reducing the tax burden for lower-value sales) and allowing deductions for existing property liens. The tax applies to all conveyances regardless of where negotiations occur, but does not affect transactions finalized before September 1, 1984.

Topics ✗ Budget & TaxesOpposes Budget & TaxesIncreases deed tax rate to 1.5%, raising tax burden on property transactions despite $100k exemption for lower-value sales.95% confidence

in committee · New York · Assembly Jun 13, 2025

A 7965: Extends the town of Goshen's authority to impose a hotel and motel tax

This bill extends the town of Goshen's existing authority to collect a hotel and motel tax of up to 5% for two additional years. It directly affects Goshen's local government, which can continue using this tax to fund municipal services, and the town's hotels and motels, which must collect the tax. The bill amends the 2023 law by removing its prior 4-year expiration date and making the tax authority effective immediately for the new two-year period. This is a procedural extension of an existing local tax authority, not a new policy.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends Goshen's hotel/motel tax authority, maintaining local revenue for municipal services without changing tax rates.95% confidence

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in committee · New York · Senate Jan 7, 2026

S 3726: Exempts hospitals from the metropolitan commuter transportation mobility tax

This bill exempts hospitals from the metropolitan commuter transportation mobility tax. It directly affects hospitals defined under New York's Public Health Law by removing their obligation to pay this specific tax. The key mechanism is adding a new exemption category ("any hospital") to Section 800 of the tax law, which previously applied the tax to certain entities like educational institutions. The exemption applies to all hospitals meeting the definition in Article 28 of the Public Health Law. This is a straightforward policy change modifying tax liability for hospitals.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill exempts hospitals from a tax, reducing state revenue collection under the mobility tax law.95% confidence

Sub-Topics Sales Tax

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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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