Budget & Taxes

in committee · New York · Assembly Jan 7, 2026

A 3597: Creates a congestion toll offset tax credit

This bill creates a tax credit for residents of Rockland or Orange counties who pay tolls on the George Washington or Governor Mario M. Cuomo bridges and later enter New York City's congestion toll zone within two hours. The credit equals the toll amount paid, reducing their state income tax liability for that year. Joint filers can combine their individual toll payments to calculate a combined credit. The credit applies immediately to the tax year the bill passes and all future years.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing state income tax liability for qualifying commuters, providing direct tax relief per bill's summary.90% confidence

Sub-Topics Income Tax Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 1161: Relates to exempting heat and power generating equipment from taxation

This bill exempts combined heat and power (CHP) generating equipment from property taxation for 15 years. It applies to qualifying residential or commercial systems meeting specific technical standards (1-15 megawatts capacity, 60%+ fuel efficiency) installed on-site. The exemption covers the increased property value from the system, excluding normal building components like insulation. It amends existing tax law to define eligible CHP systems and requires compliance with guidelines set by the state authority.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill exempts CHP equipment from property tax, reducing state tax revenue and weakening tax collection for the budget.90% confidence ✓ EnergySupports EnergyExempts efficient CHP systems (60%+ fuel efficiency) from property tax, directly promoting energy efficiency and clean energy infrastructure adoption.95% confidence

Sub-Topics Property Tax

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in committee · New York · Senate Jan 7, 2026

S 4660: Repeals the empire state jobs retention program credit

This bill repeals New York's Empire State Jobs Retention Program tax credit, which previously provided tax breaks to businesses that retained or created jobs in the state. It directly affects businesses that had claimed this credit under the existing tax law. The bill removes specific provisions in the tax law and economic development law that established the credit, eliminating the program's legal basis. The repeal takes effect for taxable years beginning January 1st after the law is enacted.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRepeals tax credit for businesses, eliminating a tax incentive and restricting a tax break under Budget & Taxes policy.95% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · New York · Senate Jan 7, 2026

S 6169: Establishes an abatement and exemption from real property taxes for capital improvements to reduce carbon emissions

Establishes an abatement and exemption from real property taxes for capital improvements to reduce carbon emissions in cities with a population of one million or more.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax exemption for carbon-reducing property improvements, providing targeted tax relief to incentivize sustainable investments under fiscal management.92% confidence ✓ EnergySupports EnergyBill provides tax incentives for carbon-reducing capital improvements, directly advancing clean energy infrastructure and emissions reduction goals.95% confidence ✓ EnvironmentSupports EnvironmentBill provides tax abatement for carbon-reducing capital improvements, directly advancing emission reduction goals in large cities.95% confidence

Sub-Topics Tax Incentives Climate Change

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in committee · New York · Assembly Jan 7, 2026

A 567: Directs payment of certain taxes into the central business district tolling capital lockbox fund to be made without appropriation

Directs payment of certain internet sales and use taxes into the central business district tolling capital lockbox fund partially dedicated for the MTA to be made without appropriation.

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects existing internet sales/use taxes to MTA tolling fund without new appropriations, ensuring dedicated funding for infrastructure projects per bill language.90% confidence

Sub-Topics Appropriations Sales Tax

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in committee · New York · Assembly Jan 7, 2026

A 666: Relates to the definition of income in relation to the enhanced STAR exemption

This bill modifies New York's enhanced STAR property tax exemption by adding distributions from thrift savings plans (established before 1984) to the list of income types excluded from the eligibility calculation. It affects homeowners applying for the enhanced STAR exemption, who must now exclude these distributions when determining their income for tax purposes. The bill also requires applicants who didn’t file tax returns to submit a detailed statement to the state department outlining their unreported income sources and amounts. These changes apply to exemption applications for tax years beginning in 2019 and later.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands property tax exemption by excluding thrift savings distributions, reducing tax burden for homeowners under STAR program.92% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 1798: Relates to establishing a tax credit for electric vehicle charging stations task force

Establishes a tax credit for electric vehicle charging stations task force to recommend a program for a tax credit for commercial property owners who install electric vehicle charging stations on such property.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes tax credit for commercial EV charging stations, providing tax relief to property owners. Directly advances tax policy through incentive program.95% confidence ✓ EnergySupports EnergyBill creates task force to recommend tax credits for EV charging stations, directly promoting clean energy infrastructure adoption and electric vehicle infrastructure expansion.90% confidence ✓ EnvironmentSupports EnvironmentPromotes EV infrastructure via tax credits, supporting clean energy adoption and reduced emissions from transportation.90% confidence ✓ TransportationSupports TransportationCreates tax credit task force for EV charging stations, promoting sustainable transportation infrastructure funding and adoption.90% confidence

Sub-Topics Tax Credits Electric Vehicles Electric Vehicles

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in committee · New York · Senate Apr 20, 2026

S 2074: Creates the "disaster preparedness and emergency planning act"; local sales tax exemption for emergency preparedness supplies

Creates the "disaster preparedness and emergency planning act"; authorizes a local sales tax exemption for emergency preparedness supplies; requires the division of homeland security and emergency services, in conjunction with the department of taxation and finance, to establish, promote and publish on the web a list of eligible items; requires the division of homeland security and emergency services to create public service announcements regarding such exemption and make available to municipalities for promotion purposes.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates sales tax exemption for emergency supplies, providing tax relief on eligible items per the bill's explicit language.90% confidence

Sub-Topics Sales Tax Tax Incentives Tags Emergency Management

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in committee · New York · Assembly Jan 7, 2026

A 9207: Enacts Retain-NY by implementing tuition tax credits and increasing the amount of an allowable deduction

Relates to a tuition tax credit; increases the amount of an allowable deduction (Part A); reduces income by the amount of interest paid for student loans (Part B).

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases tuition tax credits and student loan interest deductions, providing tax relief for education expenses, supporting middle/lower income families.95% confidence ✓ EducationSupports EducationProvides tuition tax credits and student loan interest deductions, reducing costs for higher education access, aligning with expanding educational access under the topic.85% confidence

Sub-Topics Tax Credits Student Financial Aid

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in committee · New York · Assembly Jun 17, 2025

A 8072: Extends the authorization of the city of Oswego to impose an additional rate of sales tax

This bill extends the city of Oswego’s authorization to collect an additional 1% sales tax on top of its existing 3% rate. It allows the city to maintain this extra tax from September 1, 2024, through November 30, 2027, directly affecting residents and businesses making purchases within Oswego. The legislation amends existing tax law to update the expiration date, ensuring the city can continue funding local services through this revenue stream. The change does not alter the tax rate or create new taxes, only prolongs the current authorization.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends Oswego's 1% sales tax authorization to maintain local service funding, directly supporting continued tax revenue for municipal budgets.90% confidence

Sub-Topics Sales Tax

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