Budget & Taxes

in committee · New York · Assembly Jan 7, 2026

A 3794: Establishes a temporary moratorium on unfunded mandates and makes permanent the tax cap

Prohibits the enactment of unfunded mandates for a period of three years; instructs the state comptroller to conduct a report on the annual fiscal impact enacted state legislation has on the revenues and expenses of local municipalities.

Topics ✓ Budget & TaxesSupports Budget & TaxesMakes tax cap permanent and prohibits unfunded mandates, promoting fiscal responsibility per bill summary90% confidence

Sub-Topics Audits & Accountability

Track

in committee · New York · Senate Jan 7, 2026

S 5633: Provides motor fuel tax exemption for sales of diesel motor fuel used in vessels used directly in a business providing sport fishing opportunities

Provides motor fuel tax exemption for sales of diesel motor fuel used in vessels used directly in a business providing sport fishing opportunities for hire to the general public from the tax on petroleum businesses and from sales and compensating use taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for sport fishing businesses, reducing tax burden on specified diesel sales per bill summary.90% confidence

Sub-Topics Tax Incentives

Track

in committee · New York · Senate Jan 7, 2026

S 6884: Relates to establishing a school safety spending exclusion from annual tax levy limits

Provides an annual tax levy limit allowing for expenditures directly or indirectly related to school safety, including improving district wide emergency response plans, training staff and/or students on school safety and/or conflict mediation, installing and maintaining safety technology and software in school buildings, hiring school resource officers, acquiring emergency medical equipment, installing fencing around the perimeter of school grounds, installing bulletproof doors and windows, acquiring and maintaining technology for expedited notification of local law enforcement during an emergency.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts school safety spending from tax levy limits, enabling districts to fund safety measures without exceeding annual tax caps, directly supporting essential program funding within budget constraints.95% confidence ✓ EducationSupports EducationBill explicitly enables tax funding for school safety infrastructure (safety tech, resource officers, emergency equipment), directly strengthening school safety within education context.95% confidence

Sub-Topics School Funding School Safety Student Health

Track

in committee · New York · Senate Jan 7, 2026

S 1077: Enacts the New York city arts space act

S 1077, the New York City Arts Space Act, creates tax benefits for property owners who rent affordable arts spaces to eligible organizations. It directly affects NYC-based nonprofit arts organizations (with 501(c)(3) status) and property owners of qualifying apartment buildings. The bill provides reduced property taxes based on how much below $20 per square foot the rent is charged - e.g., renting at $15/sq ft earns a 5% tax benefit increase. Property owners must maintain rents at or below $20/sq ft (with annual adjustments ≤3%), ensure spaces meet city occupancy standards, and provide tenant improvements ($50-$100/sq ft) to qualify for full tax exemptions in early years.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax benefits for property owners renting affordable arts spaces to nonprofits, directly using tax incentives to promote public arts access and fiscal support for cultural services.95% confidence ✓ HousingSupports HousingProvides tax incentives for property owners to rent arts spaces below $20/sq ft, directly increasing affordable housing access for nonprofit organizations.95% confidence

Sub-Topics Renters

Track

in committee · New York · Assembly Jan 7, 2026

A 4253: Establishes tax credits for local newspaper subscriptions, newspaper payrolls, and local media advertising

This bill creates three tax credits to support local media. It provides a $250 annual credit for individuals who subscribe to qualifying local newspapers (print or digital), a credit covering 50% (2026) or 30% (later) of journalism wages up to $12,500 per employee for newspaper employers, and a credit for small businesses spending on local media ads (80% in 2026, 50% later, capped at $5,000 or $2,500). To qualify, newspapers must serve a single county or 200-mile radius, have 51% local readership, and employ at least one local journalist. The credits directly affect subscribers, newspaper employers, and small businesses purchasing local media advertising.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credits reducing individual/business tax burden for local media support, aligning with tax relief indicators for middle-income groups.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill provides wage tax credits (50% of journalism wages up to $12,500/employee), directly supporting media sector employment and compensation through employer incentives.90% confidence

Sub-Topics Procurement

Track

in committee · New York · Assembly Jan 7, 2026

A 7933: Enacts the corporate accountability for tax expenditures act

Enacts the corporate accountability for tax expenditures act; standardizes applications for state development assistance for empire zone assistance and industrial development agency assistance; requires submission of certain development assistance agreements to the department of taxation and finance; requires recipients of certain development assistance to submit progress reports which include certain information and disclosures; makes certain recapture provisions; defines relevant terms.

Topics ✓ Budget & TaxesSupports Budget & TaxesStandardizes tax expenditure applications and requires reporting/recapture, promoting fiscal accountability in corporate tax incentives.85% confidence

Sub-Topics Business Taxes Tax Incentives Tags Economic Development

Track

in committee · New York · Senate Jan 7, 2026

S 6742: Relates to eliminating the sales and compensating use taxes on telephone answering services

This bill removes sales and use taxes on telephone answering services in New York. It specifically eliminates these taxes by amending the tax code to exclude telephone answering services from taxable categories under both sales and use tax provisions. This change directly affects businesses that provide telephone answering services and their customers, reducing their tax burden on this specific service. The policy change is purely procedural, adjusting existing tax definitions without altering broader tax structures.

Topics ✓ Budget & TaxesSupports Budget & TaxesEliminates sales/use taxes on telephone services, providing direct tax relief by removing a tax burden from businesses and customers.95% confidence

Sub-Topics Sales Tax

Track

in committee · New York · Senate Jan 7, 2026

S 8549: Establishes a real property tax exemption for police officers who have a one hundred percent service-connected disability

This bill creates a property tax exemption for police officers who are 100% disabled due to duty-related injuries or illnesses, certified by a physician. Eligible officers must own their primary residence, and local governments must adopt a specific ordinance after a public hearing to implement the exemption. The exemption covers all local property taxes (city, town, county) for qualifying officers' homes. It does not apply to cooperative apartment buildings covered under certain housing laws. The exemption begins for 2027 assessment rolls.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides property tax exemption for disabled police officers, reducing their tax burden as targeted fiscal relief.95% confidence

Sub-Topics Property Tax Tax Incentives

Track

in committee · New York · Senate Feb 3, 2026

S 6353: Provides a green infrastructure tax abatement for certain properties in a city of one million or more

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 & TaxesOpposes Budget & TaxesTax abatement reduces government tax revenue, weakening budget base for public services.90% confidence ✓ EnergySupports EnergyTax abatement for green infrastructure projects directly promotes renewable energy development and clean energy investment per bill language.95% confidence ✓ EnvironmentSupports EnvironmentTax abatement incentivizes green infrastructure projects, reducing urban pollution and enhancing environmental protection through sustainable construction.95% confidence

Sub-Topics Tax Incentives Recycling Water Quality

Track

in committee · New York · Senate Jan 7, 2026

S 4440: Requires the state to pay real property taxes on the assessed value of the Moriah shock incarceration correctional facility

This bill requires the state government to pay all real property taxes on the Moriah shock incarceration correctional facility's assessed value once correctional operations end there. It applies directly to the state (as the payer) and local governments (Essex County and the town of Moriah, which would receive tax payments if the facility is sold to a not-for-profit). The state must cover these taxes until the land is either reused by a state agency or sold to a non-governmental entity, with specific tax payment requirements for not-for-profit buyers. This is a tax exemption provision, not a new policy affecting residents or services.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly requires state to pay real property taxes, directly increasing government spending and affecting budget management.95% confidence

Sub-Topics Property Tax Tax Incentives

Track