Budget & Taxes

in committee · New York · Senate Jan 7, 2026

S 4454: Creates a tax credit for instructors of a hunting safety course

S 4454 creates a $300 annual tax credit for New York residents who serve as active instructors in state-approved hunting safety courses, effective for tax years beginning January 1, 2026. The credit applies to individual instructors or up to $600 for married couples filing jointly who both qualify. To claim the credit, instructors must maintain proof of course approval for five years and be active throughout the tax year. Excess credits beyond tax liability are treated as overpayments without interest, and failure to provide documentation during an audit results in a fine equal to the credit amount.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates $300 tax credit for hunting safety instructors, providing direct tax relief aligned with support indicators for middle-income tax relief.95% confidence

Sub-Topics Audits & Accountability Tax Credits

Track

in committee · New York · Assembly Jun 6, 2025

A 6750: Authorizes the county of Niagara to continue to impose an additional rate of sales and compensating use taxes

This bill authorizes Niagara County to extend a 1% additional sales and use tax on top of its existing 3% rate, effective March 1, 2023, through November 30, 2027. It directly affects residents and businesses in Niagara County who pay sales tax on goods and services. The key provision simply extends the county’s existing authority to impose this extra tax rate for a four-year period. The bill does not create new taxes or alter current tax rates beyond the specified extension. (Note: The bill text includes a typo in the year "twenty-five twenty-seven," but the intended end date is November 30, 2027.)

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends existing 1% sales tax rate, maintaining county revenue for budget purposes. Directly supports tax collection continuity without new tax creation.90% confidence

Sub-Topics Sales Tax

Track

signed · New York · Senate Aug 21, 2026

S 7820: Authorizes the town of Gardiner to impose a hotel and motel tax

Bill S 7820 authorizes the town of Gardiner, in Ulster County, to implement a local tax on hotel and motel room rentals. This tax would apply to transient guests staying in hotels, motels, bed and breakfast facilities, or tourist accommodations within the town. The maximum tax rate is set at five percent of the daily rental cost, but it would not apply to permanent residents staying 90 or more consecutive days, government entities, or certain non-profit organizations. Hotel and motel owners would collect this tax, which would then be deposited into Gardiner's general fund for use on municipal services and infrastructure. This authorization is temporary and will expire two years after the bill takes effect.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes local hotel/motel tax (5% on transient stays), creating new municipal revenue stream for town budget management under fiscal policy.95% confidence

Sub-Topics State Budget

in committee · New York · Assembly Jan 7, 2026

A 1758: Authorizes municipalities to establish a history, arts, and culture levy

Authorizes municipalities to establish a history, arts, and culture levy to support history, arts, and culture; exempts such levy from the real property tax levy limit.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes municipalities to create a new tax levy for arts/culture funding, exempt from property tax limits, enabling increased local spending on cultural programs.95% confidence

Sub-Topics Property Tax

Track

in committee · New York · Assembly Feb 23, 2026

A 7996: Relates to creating the Neighborhood Small Business Rent Increase Exemption

Relates to creating the Neighborhood Small Business Rent Increase Exemption; provides a tax abatement for limiting rent increases on small businesses in a city of one million or more persons.

Topics ✓ Budget & TaxesSupports Budget & TaxesTax abatement directly reduces small business tax burden, alignating with tax relief support for middle/lower income entities.95% confidence

Sub-Topics Business Taxes Tax Incentives Tags Small Business

Track

in committee · New York · Assembly Jan 7, 2026

A 1947: Establishes a farm savings account program

This bill creates a tax-advantaged savings program for farmers. It allows qualified farmers to deduct cash contributions to special "farm savings accounts" from their taxable income, with contributions limited to their farming income for the year. The accounts are tax-exempt while active, but funds withdrawn for non-farm purposes incur a 15% surcharge. Accounts automatically end if the farmer stops farming, requiring the balance to be taxed as income. The program directly affects individual farmers and farm businesses seeking tax benefits for farm sustainability investments.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax deduction for farmers, reducing taxable income and offering tax relief under farm savings accounts, aligning with tax relief indicators.90% confidence

Sub-Topics Fees & Licensing

Track

in committee · New York · Assembly Jan 7, 2026

A 286: Establishes a historic wood window rehabilitation and energy retrofit tax credit

Establishes a historic wood window rehabilitation and energy retrofit tax credit of up to 25% of the expenditures paid or incurred within the five years preceding the year in which the tax credit is applied.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates 25% tax credit for historic window energy retrofits, providing direct tax relief to property owners through fiscal incentive.95% confidence ✓ EnergySupports EnergyBill provides tax credit for energy retrofits (25% of costs), directly advancing energy efficiency in historic buildings per summary.90% confidence ✓ EnvironmentSupports EnvironmentTax credit for energy retrofits promotes building efficiency, reducing energy consumption and emissions through incentives for historic window rehabilitation.85% confidence

Sub-Topics Tax Credits

Track

died · New York · Senate Jan 7, 2026

S 6872: Relates to the treatment of excess credits for the rehabilitation of historic barns

This bill modifies New York's tax credit for renovating historic barns, allowing taxpayers a 25% credit on eligible renovation costs for barns used for agriculture. It restricts the credit for barns previously used for residential purposes, those converted to residential use, or those with altered historic appearance. If the credit exceeds tax liability and income is under $60,000, the excess is refunded without interest; otherwise, it carries forward to future tax years. The policy directly affects New York property owners renovating qualifying agricultural barns.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides 25% tax credit for agricultural barn renovations with refund for under $60k income, aligning with tax relief for lower income per support indicators.92% confidence

Sub-Topics Tax Credits

Track

in committee · New York · Senate Jan 7, 2026

S 2246: Relates to exempting from the tax on retail sales the portion of a receipt from the purchase of a motor vehicle which is reduced due to a rebate or discount provided by a manufacturer to the purchaser

Exempts from the tax on retail sales the portion of a receipt from the purchase of a motor vehicle which is reduced due to a customer rebate or customer discount provided by a manufacturer to the purchaser, that is applied against the amount due under the sales agreement.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts vehicle rebates from sales tax, providing tax relief to consumers on purchase discounts, aligning with tax relief indicators.95% confidence

Sub-Topics Business Taxes Sales Tax Tax Incentives

Track

in committee · New York · Assembly Jan 7, 2026

A 1400: Relates to eliminating sales tax on books assigned by a college or university professor

This bill expands New York's existing sales tax exemption for textbooks to include all books required for college courses by professors. It directly affects students purchasing required course materials, who must present a valid student ID at checkout to verify the book is mandated for their class. The exemption now covers any required reading - beyond traditional textbooks - at accredited colleges and universities. The policy change takes effect 90 days after the law is signed, applying to future sales of qualifying materials.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands sales tax exemption for required college books, providing tax relief to students purchasing course materials.95% confidence ✓ EducationSupports EducationEliminates sales tax on required college course materials, reducing student costs and improving access to educational resources at accredited institutions.95% confidence

Sub-Topics Procurement Sales Tax Tax Incentives

Track