Budget & Taxes

in committee · New York · Assembly Jan 7, 2026

A 7795: Requires detailed fiscal impact notes on certain legislation

Requires detailed fiscal impact notes on certain legislation stating the estimated annual cost to the political subdivision affected and the source of such estimate; provides that bills will be invalidated if the funding source is not provided or the fiscal impact results in an annual net additional cost in excess of $10,000.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires fiscal impact notes with funding sources, preventing unfunded mandates and promoting fiscal responsibility per bill's cost limits.92% confidence

Sub-Topics Audits & Accountability State Budget

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in committee · New York · Assembly Jan 7, 2026

A 6033: Establishes a tax credit for direct support professionals and direct care workers

Establishes a tax credit for individuals who serve or are employed as a direct support professional, or direct care worker, up to five thousand dollars for taxpayers who make less than fifty thousand dollars and phased out for individuals who make over one hundred thousand dollars.

Topics ✓ Budget & TaxesSupports Budget & TaxesTax credit for low/middle-income workers reduces their tax burden, aligning with fiscal support indicators for middle/lower income tax relief.95% confidence ✓ HealthcareSupports HealthcareTax credit for direct care workers strengthens healthcare workforce stability and access to essential services, aligning with healthcare support indicators.85% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProvides tax credit up to $5k for low-income direct care workers, increasing take-home pay and supporting wage standards for vulnerable workforce.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 3075: Provides an exemption from state sales tax for energy star appliances and grants municipalities the option to provide such exemption

This bill exempts the purchase of specific Energy Star-certified appliances (like refrigerators, washers, and air conditioners) from New York's state sales tax. It directly affects consumers buying these appliances and gives municipalities with populations over 1 million the option to adopt this exemption for local taxes through a local resolution. The exemption applies only to retail sales of qualifying products, not rentals or repairs, and would take effect in September 2026 for local tax adoption. The bill expires on April 1, 2031, making it a temporary measure.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts Energy Star appliances from state sales tax, providing direct tax relief to consumers per fiscal responsibility indicators.95% confidence ✓ EnergySupports EnergyExempts Energy Star appliances from sales tax, directly promoting energy efficiency by reducing consumer costs for certified efficient products.95% confidence ✓ EnvironmentSupports EnvironmentExempts Energy Star appliances from sales tax, incentivizing energy-efficient purchases that reduce emissions and conserve energy per bill's explicit purpose.90% confidence

Sub-Topics Sales Tax

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in committee · New York · Assembly Jan 7, 2026

A 637: Relates to creating a tax credit for the adoption of household pets from animal shelter or humane society

Creates a tax credit for the adoption of household pets from animal shelters or humane societies; up to $100 per animal with a maximum of three household pets.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates a tax credit (reducing taxable liability) for pet adoption, directly providing tax relief under tax policy.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jun 9, 2025

A 4664: Provides for the adjustment of the minimum amount of tax delinquency for which the driver's license of a taxpayer may be suspended

Provides for the adjustment of the minimum amount of tax delinquency for which the driver's license of a taxpayer may be suspended, based on inflation; prohibits inclusion in the license suspension program of a taxpayer who receives public assistance or supplemental security income, or whose income does not exceed 250% of the poverty level; authorizes the commissioner to grant exemptions to taxpayers whose payment of past due tax liabilities would create a hardship to the taxpayer in meeting necessary living expenses.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts low-income taxpayers (under 250% poverty level) and public assistance recipients from license suspension for tax delinquency, providing targeted tax relief.92% confidence

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in committee · New York · Senate Jan 7, 2026

S 4312: Relates to combat veteran tax credit for entrepreneurs

Grants a combat veteran tax credit for entrepreneurs to provide a five hundred dollar tax credit to combat veteran entrepreneurs who create a business in New York state.

Topics ✓ Budget & TaxesSupports Budget & TaxesGrants $500 tax credit to combat veteran entrepreneurs, providing direct tax relief that alignates with supporting fiscal policies for targeted groups.95% confidence ✓ VeteransSupports VeteransProvides $500 tax credit to combat veteran entrepreneurs, directly supporting veteran business ownership and economic opportunities as a benefit expansion.95% confidence

Sub-Topics Tax Credits Tax Incentives Veteran Education Veteran Employment Veteran Mental Health

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in committee · New York · Assembly Mar 10, 2026

A 8642: Enacts the "NYS health care tax reform act"

Enacts the "NYS health care tax reform act"; establishes a public goods and medicaid subsidy surcharge on insurance corporations; establishes a public goods and medicaid subsidy surcharge on business corporations; establishes a public goods and medicaid subsidy surcharge on pass-through entities; relates to filing fee surcharges; relates to revenues to be included in the health care reform act resources fund; establishes a public goods and medicaid surcharge on misclassified workers.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes corporate surcharges to fund health care reform, increasing tax revenue for public services per bill's revenue allocation to health care fund.90% confidence ✓ HealthcareSupports HealthcareEstablishes surcharges on insurers/businesses to fund healthcare reform, directly increasing dedicated revenues for health care programs.95% confidence

Sub-Topics Business Taxes Fees & Licensing Medicaid

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in committee · New York · Senate Jan 7, 2026

S 3534: Exempts compensation for active military service from inclusion in a resident's adjusted gross income

This bill exempts active-duty military compensation from New York State income tax calculations for qualifying residents. It directly affects New York residents who serve in the U.S. armed forces outside the state for at least 90 days during a tax year while maintaining a permanent New York residence (such as a home, barracks, or military quarters). The exemption applies to taxable years beginning January 1, 2026, and covers all active-duty pay earned outside New York, provided the service member meets the residence requirements. The policy change removes military compensation from taxable income under specific residency conditions, aligning with New York's tax treatment for service members.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts military pay from state tax, providing tax relief for qualifying residents per bill summary.95% confidence ✓ VeteransSupports VeteransExempts active-duty military pay from NY state tax, providing direct financial benefit to service members maintaining NY residency, aligning with veteran benefit expansion.90% confidence

Sub-Topics Income Tax National Guard & Reserve

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in committee · New York · Senate Jan 7, 2026

S 1143: Provides affordable and accessible dependent care options for working families

Provides affordable and accessible dependent care options for working families by including qualified in-home and backup care expenditures paid or incurred with respect to the taxpayer's employees working in the state in the employer- provided child care credit criteria; makes technical corrections to make such credit independent of the federal employer-provided child care credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands employer child care tax credit, providing tax relief for working families through employer incentives90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill expands employer-provided dependent care benefits, supporting working families' access to childcare, a key worker benefit.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 7654: Raises tax credits for long-term care insurance from twenty percent to fifty percent

Raises tax credits for long-term care insurance from twenty percent to fifty percent; applies to the corporation tax, franchise tax on business corporations, personal income tax, and franchise tax on insurance corporations.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credits for long-term care insurance, providing tax relief and expanding fiscal benefits under multiple tax categories.95% confidence ✓ HealthcareSupports HealthcareIncreases tax credits for long-term care insurance, expanding access to healthcare services by making coverage more affordable.90% confidence

Sub-Topics Business Taxes Income Tax Long-Term Care

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