Budget & Taxes

in committee · New York · Senate Jan 7, 2026

S 1315: Relates to an excise tax on the sale of ammunition

Imposes an excise tax on the sale of ammunition to be deposited into the firearm violence intervention fund to help victims of and witnesses to violence.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes excise tax on ammunition sales to fund firearm violence intervention program, directly allocating tax revenue to public service funding.95% confidence

Sub-Topics Sales Tax

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in committee · New York · Assembly Jan 7, 2026

A 1170: Relates to providing a tax credit for the purchase of assistive technology devices

This bill creates a tax credit of up to $500 per year for individuals with disabilities who purchase assistive technology devices. It covers tools like specialized software, adaptive equipment, or modified devices that help improve daily functioning, and allows unused credit to carry over to future tax years. The credit applies to purchases made after January 1, 2025, and directly benefits taxpayers with disabilities seeking accessible technology.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit relief for disability tech purchases, advancing fiscal support for targeted taxpayers under Budget & Taxes policy.95% confidence ✓ HealthcareSupports HealthcareTax credit for assistive technology improves accessibility and daily functioning for people with disabilities, enhancing healthcare-related access and support.85% confidence ✓ TechnologySupports TechnologyProvides tax credit for assistive technology, promoting digital equity and accessibility for people with disabilities through financial support for tech devices.85% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 4811: Relates to credit unions

This bill creates a program requiring New York's state comptroller and tax commissioner to consider depositing state funds into eligible credit unions. It establishes eligibility criteria: credit unions must be chartered locally with a "satisfactory" exam rating, and federal credit unions must meet additional standards like small business lending records. The state may deposit up to $250 million per credit union, with deposits made at negotiated rates and secured by federal home loan bank letters of credit. The program directly affects state agencies managing public funds and qualifying credit unions, directing them to prioritize local credit unions for state deposits over traditional banks. This policy change modifies how state funds are invested, aiming to boost community financial institutions.

Topics ✓ Budget & TaxesSupports Budget & TaxesDirects state deposits into credit unions with eligibility criteria, promoting responsible fiscal management of public funds.90% confidence

Sub-Topics Audits & Accountability

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in committee · New York · Senate Jan 7, 2026

S 4794: Alters tax exemption programs for the development of new and affordable housing

Alters tax exemption programs for the development of new and affordable housing; defines "initial construction period" and "extended construction period"; makes related changes.

Topics ✓ Budget & TaxesSupports Budget & TaxesAlters tax exemptions to incentivize affordable housing development, providing tax relief for lower-income housing programs and promoting fiscal responsibility in housing affordability.90% confidence ✓ HousingSupports HousingAlters tax exemptions to incentivize affordable housing development, directly advancing the topic through funding mechanisms and strengthening housing programs per indicators.90% confidence

Sub-Topics Tax Incentives Affordable Housing Historic Preservation Property Taxes

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in committee · New York · Assembly Jan 7, 2026

A 806: Provides a green infrastructure tax abatement for certain properties in N.Y. city

Provides a green infrastructure tax abatement for the construction of green infrastructure projects on certain properties in a city of one million or more.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax abatement (relief) for green infrastructure projects, directly aligning with tax policy support for sustainable development incentives.90% confidence ✓ EnvironmentSupports EnvironmentTax abatement incentivizes green infrastructure construction, directly reducing urban pollution and promoting environmental protection per bill's purpose.95% confidence

Sub-Topics Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 7680: Relates to exempting computer hardware and software and school supplies from sales tax during a specified period

Exempts computer hardware and software equipment and school supplies from sales tax during the seven day period commencing on the Tuesday immediately preceding the first Monday in September, known as Labor Day, and ending on Labor Day.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts computer hardware, software, and school supplies from sales tax during a specific period, providing temporary tax relief for consumers and reducing state tax revenue during that window.85% confidence ✓ EducationSupports EducationExempts school supplies from sales tax, reducing costs for schools/families and increasing accessible funding for educational materials during back-to-school period.95% confidence ✓ TechnologySupports TechnologyExempts computer hardware/software from sales tax, reducing costs and promoting technology access during back-to-school period85% confidence

Sub-Topics Sales Tax

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in committee · New York · Senate May 5, 2026

S 3950: Expands the empire state apprenticeship tax credit to include additional credit for people with disabilities

This bill expands New York's existing apprenticeship tax credit by adding a $500 annual tax credit for employers who hire individuals with disabilities as apprentices. It directly affects employers participating in state-approved apprenticeship programs who hire people meeting the state's disability definition (from Executive Law §292(21)). The new credit applies separately from the existing annual credit structure for apprentice years (e.g., $2,000 for first-year apprentices), providing an additional incentive for disability inclusion. The change takes effect immediately upon enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesAdds $500 tax credit for employers hiring disabled apprentices, providing direct tax relief under state tax code.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill adds $500 tax credit for employers hiring disabled apprentices, directly expanding employment opportunities and promoting inclusive hiring for a vulnerable workforce segment.90% confidence

Sub-Topics Tax Credits Apprenticeships

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in committee · New York · Senate Jan 7, 2026

S 6778: Increases tax free contributions to family tuition accounts

This bill (S 6778) increases New York State's tax-free contribution limits for family tuition accounts under the College Choice Tuition Savings Program. It raises the annual limit from $5,000 to $10,000 for individuals or heads of household, and from $10,000 to $20,000 for married couples filing jointly. The change applies only to state income tax (not federal tax) and is available solely to the account owner. The policy takes effect immediately for the current tax year.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax-free contribution limits for state income tax, providing tax relief for families under the College Choice Program.95% confidence ✓ EducationSupports EducationIncreases tax-free savings limits for tuition accounts, expanding access to education funding options under New York's program.95% confidence

Sub-Topics Income Tax

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in committee · New York · Senate Jan 7, 2026

S 4847: Establishes a tax deduction for expenses related to early intervention supplies

Establishes a tax deduction for expenses not in excess of five hundred dollars paid by eligible qualified personnel or an eligible service coordinator for early intervention supplies.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax deduction for early intervention supplies, providing tax relief to eligible personnel, aligning with support indicators for middle-income tax relief.95% confidence

Sub-Topics Tax Incentives

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in committee · New York · Senate Jan 7, 2026

S 7845: Establishes broadband opportunity areas

Provides for real property tax exemptions for last mile broadband infrastructure constructed, altered, installed or improved in an area designated a broadband opportunity area.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides real property tax exemptions for broadband infrastructure, a form of tax relief to incentivize development and expand broadband access.90% confidence ✓ TechnologySupports TechnologyProvides tax exemptions for broadband infrastructure in designated areas, directly expanding internet access and digital equity.95% confidence

Sub-Topics Property Tax Sales Tax Tax Incentives Broadband Access Telecommunications

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