Budget & Taxes

in committee · New York · Senate Jan 7, 2026

S 1561: Relates to eligibility to assume office for certain elected officials owing past-due tax liabilities

This bill requires state legislators and statewide elected officials (such as governor, comptroller, or attorney general) to obtain tax clearance from New York's Department of Taxation before taking office. It mandates that individuals with unpaid, non-appealable tax debts must resolve them or establish a payment plan within six months of election. If unresolved after six months, a special election is triggered to fill the vacant position. The law defines "past-due tax liabilities" as unpaid taxes with no remaining right to administrative or judicial review.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates tax clearance for officials, promoting fiscal responsibility in tax compliance and accountability.90% confidence

Sub-Topics Audits & Accountability

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failed · New York · Assembly Jan 7, 2026

A 3252: Requires the state pay taxes on the assessed value of properties of closed state prisons

Requires the state pay taxes on the assessed value of properties of closed state prisons until such prison is reopened, used by another state agency, or is conveyed to a non-governmental entity.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill requires state to pay property taxes on closed prisons, closing tax exemption loophole and promoting fiscal responsibility by ensuring state contributes to local tax revenue.95% confidence

Sub-Topics Property Tax

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in committee · New York · Senate Jan 7, 2026

S 6536: Withholds the governor's salary until the legislative passage of the budget occurs

Withholds the governor's salary until the legislative passage of the budget occurs; provides such salary should be withheld if the budget has not passed prior to the first day of the fiscal year and shall not be paid until such passage occurs.

Topics ✓ Budget & TaxesSupports Budget & TaxesWithholds governor's salary until budget passage, promoting fiscal responsibility and timely budgeting per budget topic indicators.90% confidence

Sub-Topics State Budget

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in committee · New York · Assembly Jan 7, 2026

A 6115: Exempts from sales and use tax zero-emission school buses

This bill removes sales and use tax on zero-emission school buses and all parts or equipment needed to operate them. It directly affects school districts purchasing these buses by lowering their upfront costs. The tax exemption covers the buses themselves and any required components, such as charging systems or maintenance parts. This policy change makes zero-emission school buses more affordable for public school systems.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts school buses from sales tax, providing direct tax relief to school districts purchasing zero-emission vehicles, aligning with tax relief indicators for public services.95% confidence ✓ EducationSupports EducationExempts zero-emission school buses from sales tax, reducing upfront costs for school districts to adopt cleaner transportation infrastructure, directly supporting school operational improvements.92% confidence ✓ EnergySupports EnergyExempts zero-emission school buses from sales tax, directly promoting renewable energy adoption and reducing fossil fuel dependence in transportation infrastructure.95% confidence ✓ EnvironmentSupports EnvironmentExempts zero-emission school buses from taxes, reducing costs to promote cleaner transportation and lower emissions, directly advancing environmental protection.95% confidence ✓ TransportationSupports TransportationExempts zero-emission school buses from taxes, lowering costs to promote sustainable transportation adoption by school districts.95% confidence

Sub-Topics Procurement Sales Tax Tax Incentives Electric Vehicles

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in committee · New York · Senate Jan 7, 2026

S 7306: Provides that taxpayers in the city of New York with certain lower income levels shall not be subject to city personal income taxation

This bill (S 7306) exempts New York City residents earning below specific income thresholds from city personal income tax. It sets 0% tax rates for: - Married couples filing jointly earning under $21,600 - Heads of household earning under $14,400 - Single individuals earning under $12,000 The law amends existing tax brackets to apply these thresholds for taxable years beginning after 2026, directly affecting lower-income NYC residents by eliminating their city income tax liability within these income ranges.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts low-income NYC residents from city income tax, providing direct tax relief for lower earners - clear tax relief measure under Budget & Taxes.95% confidence

Sub-Topics Income Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 3940: Requires enacted budget financial plan estimates to be provided to the legislature prior to a vote on certain budget bills

This bill (A 3940) requires the governor to provide the legislature with a detailed financial summary one day before voting on specific budget bills, including those for aid to localities, state operations, and capital projects. The summary must compare new fiscal year estimates for funds, tax receipts, and three-year budget surplus/gap projections against previous actuals and the executive budget plan. It also mandates quarterly updates during the fiscal year, detailing actual spending versus projections and explaining major deviations. These requirements aim to ensure the legislature has current, comprehensive financial data before making key budget decisions.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires detailed financial summaries and quarterly updates for budget transparency, promoting fiscal responsibility in legislative decision-making.90% confidence

Sub-Topics State Budget

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in committee · New York · Senate Jan 7, 2026

S 2654: Creates a tax credit for small businesses that sell a certain percentage of products produced in New York state

Creates a tax credit for small businesses that sell a certain percentage of products produced in New York state; provides such small businesses include independently or privately-owned cafes, restaurants, eateries, bars, pubs, breweries, distilleries, orchards, food trucks, retail stores, farm stands, hotels, or motels.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for small businesses selling NY-made products, reducing their tax burden and supporting local economic activity within budget/tax framework.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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in committee · New York · Senate Jan 7, 2026

S 1622: Imposes a progressive income tax structure; repealer

This bill establishes a new progressive income tax structure for high earners in New York, replacing current tax brackets. It directly affects New York residents with significant taxable income, particularly those earning above $17,000 annually for single filers (with higher thresholds for married couples). The key mechanism uses tiered tax rates that increase as income rises - starting at 4% for lower incomes and reaching up to 24% for earnings over $20 million. The bill amends existing tax law to implement these rates, which apply to taxable years beginning in 2023 through 2027 and will be adjusted for 2028 onward.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes progressive tax rates for high earners (up to 24%), increasing state revenue. Aligns with fiscal responsibility and closing tax loopholes for top earners.95% confidence

Sub-Topics Income Tax

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in committee · New York · Senate Jan 7, 2026

S 300: Relates to providing an income tax credit for retired disabled police officers

This bill creates a $750 annual income tax credit for retired police officers in the state who retired due to disability. It applies to resident taxpayers whose disability retirement occurred while serving as a police officer. The credit reduces taxable income starting in 2026, with any excess credit treated as a refundable overpayment (no interest paid). The provision directly benefits eligible retired disabled officers by lowering their state tax burden.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides $750 annual income tax credit for retired disabled police officers, directly reducing their tax burden as targeted tax relief.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · New York · Senate Jan 7, 2026

S 1308: Requires assent of two-thirds of the members for any bill that enacts or increases tax revenues

S 1308 requires a two-thirds vote in both the state legislature and local governing bodies to pass bills that create new taxes, increase existing taxes, or extend tax collection periods. This applies to all tax-related bills except those resulting from home rule requests under state constitution provisions. The bill directly affects state legislators and local government officials (like city councils or county boards) who must secure supermajority approval for tax changes. It does not alter current tax rates but changes the legislative process needed to enact or raise them. The law takes effect immediately upon passage.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRequires two-thirds vote for tax increases, restricting legislative ability to enact new or higher taxes.95% confidence

Sub-Topics Business Taxes Sales Tax State Budget

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