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.
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.
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.
This bill (A 3765) exempts fees paid for national instant criminal background checks from state sales tax. It directly affects businesses and individuals who pay these fees - such as gun sellers, employers, or others requiring background checks - by removing the sales tax burden on those specific charges. The law amends tax code to add a new exemption category (paragraph 47) for fees imposed under Executive Law § 228. The exemption takes effect in the next sales tax quarter at least 90 days after the bill becomes law.
S 1520 requires the state to reimburse counties for the full cost of document management software specifically designed for child welfare cases (including abuse, neglect, and maltreatment services). It directly affects counties that have already purchased or plan to purchase this software, covering both past and future expenses. The bill mandates counties provide documentation like receipts to verify purchases, and the state will fund reimbursements using general fund money. This policy creates a concrete financial mechanism to support counties in adopting paperless systems for child welfare case management.
This bill extends Albany County's authority to impose an additional 1% sales and use tax (on top of its existing 3% rate) until November 30, 2027. It directly affects residents and businesses in Albany County who pay this tax, as well as local governments that receive tax revenue distributions. The key provision requires the county to distribute the additional tax revenue quarterly to cities and unincorporated areas in the same proportion as its current 3% tax revenue, and to towns/villages in the same manner as the existing tax. The bill also specifies that if any city in the county exercises its separate tax authority, the county does not need to distribute the additional tax revenue during that period. This is a straightforward extension of an existing local tax authorization with clear revenue distribution rules.
Relates to establishing the empire state public bank to use the state's depository assets to generate additional benefit for the people and the economy of the state.
Establishes business franchise and personal income tax credits for a portion of the consideration paid under a contract with a minority or women-owned business.
Authorizes the New York state energy research and development authority to develop, implement, administer and operate a temporary middle income home energy assistance program; suspends certain taxes on home heating fuels; makes an appropriation therefor.
This bill (S 3245) updates how New York local governments and school districts calculate payments in lieu of taxes (PILT) for tax-exempt properties. It requires the Commissioner of Taxation to compute an annual "quantity change factor" showing percentage shifts in taxable property values between specific assessment rolls. This factor must include changes in value for properties under PILT agreements, ensuring these adjustments directly impact local tax revenue calculations. The bill affects municipalities and school districts receiving PILT payments by standardizing how property value changes are factored into their funding.
