This bill removes population restrictions that previously limited eligibility for a property tax relief program to municipalities in specific counties. Currently, the program only applied to counties with populations between 65,390-65,400 or 98,900-99,000 (based on the 2010 census). The bill would allow any municipality in New York to join the program regardless of its county's population size. This change directly expands access to the residential-commercial exemption program for all local governments.
This bill authorizes the city of Oneonta to impose a 6% occupancy tax on short-term lodging, including hotels, motels, and bed-and-breakfasts. The tax applies to guests staying overnight in rented rooms, with property owners responsible for collecting and remitting it to the city. Exemptions cover government entities, nonprofits meeting specific criteria, and permanent residents (staying 90+ consecutive days). All revenue generated must fund Oneonta’s general operations, infrastructure, and municipal services.
Exempts clothing and footwear sold in New York city from all state and local sales taxes including items used or consumed to make or repair such clothing and which becomes a physical component part of such clothing.
Relates to costs and expenses of the department of public service and the public service commission; directs the public service commission to develop a formula to determine the average cost, on a per ratepayer basis, to comply with the provisions set forth in article seventy-five of the environmental conservation law; provides for a ratepayer protection tax credit; repeals certain provisions of the public service law relating to the assessment of costs and expenses of the department of public service and the public service commission.
This bill creates a new funding formula to provide supplemental aid to New York school districts that spend less than regional averages while serving high-need student populations, starting in the 2026-2027 school year. It calculates aid per student based on a district's "low spending percent" (how much below regional spending it is) and a "needs resource index" (measuring student needs relative to district wealth). This supplemental aid is added to each district's existing foundation aid, with per-pupil funding capped at $750. The measure directly affects qualifying low-spending, high-need districts across New York's labor force regions.
Authorizes application of the property tax abatement for rent-controlled or rent regulated properties occupied by senior citizens or disabled persons, to those units occupied by tenants paying the maximum allowable rent when such rent exceeds 1/2 of the household income; provides for state payments to cities affected thereby equal to 10% of lost real property tax revenue.
This bill allows cities with over 1 million residents (like New York City) to add a 4.3% surcharge on personal income tax for residents earning over $500,000, effective January 2026. It applies to married couples filing jointly, single filers, heads of household, and estates/trusts. All revenue from this surcharge must be used exclusively for early childhood education programs in the city, not general funds. The surcharge expires December 2030, and cities must adopt the local law by December 2025.
Establishes a residential fuel oil storage tank credit; directs the office of temporary and disability assistance to establish a program to assist eligible households in the replacement of residential fuel oil storage tanks.
Provides a personal income tax credit for parents who home school their children equal to the cost of learning materials purchased for home school purposes during the taxable year.
Includes not-for-profit corporations and public television or radio corporations in the definition of business entity; allows such entities to claim the newspaper and broadcast media jobs tax credit.
