Budget & Taxes

in committee · New York · Senate Jan 7, 2026

S 1864: Exempts purchases made by civic associations from sales and compensating use tax

Exempts any purchase made by a civic association used or intended to be used in such civic association's course of business from sales and compensating use tax.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill exempts civic association purchases from sales tax, reducing state tax revenue and weakening fiscal management.90% confidence

Sub-Topics Business Taxes Sales Tax

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in committee · New York · Senate Jan 21, 2026

S 849: Establishes the USDA construction tax credit

Establishes the USDA construction tax credit for a percentage of the profit on any newly constructed home that is sold to someone qualifying with a USDA mortgage.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for USDA mortgage homebuyers, providing tax relief to lower-income households through reduced tax burden on new home construction.95% confidence ✓ HousingSupports HousingTax credit incentivizes construction of homes for USDA mortgage qualifiers, directly advancing affordable housing development through financial incentives.95% confidence

Sub-Topics Tax Credits Tax Incentives Affordable Housing Housing Finance Property Taxes

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in committee · New York · Assembly Mar 24, 2026

A 6876: Relates to exempting school supplies from sales tax during a specified period each year

This bill exempts basic school supplies from sales tax during a 15-day period each year, specifically the 15 days preceding Labor Day (starting 15 days before the first Monday in September). It covers items like backpacks, textbooks, pens, paper, and calculators purchased for under $110 each. The exemption applies only to purchases made during this designated window, not year-round. This directly affects families buying school essentials before the new academic year begins.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts school supplies from sales tax, providing temporary tax relief for families buying essentials before school. Aligns with tax relief for middle/lower income, a key support indicator.95% confidence ✓ EducationSupports EducationExempts school supplies from sales tax during back-to-school season, reducing costs for families purchasing essentials like textbooks and calculators, directly improving educational access.95% confidence

Sub-Topics Sales Tax

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passed · New York · Senate May 7, 2026

S 664: Relates to assessment and taxation of lessees and users of certain tax exempt property

Subjects to taxation the possessory interest of a private individual or corporation which uses real property owned by the United States or the state, except for real property owned by public authorities, for business purposes; excludes private property where the use is for a concession available to the general public located on property, such as parks, available for the use of the general public.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax base by taxing business users of tax-exempt property, generating additional state revenue without targeting middle/lower income.95% confidence

Sub-Topics Business Taxes Property Tax Sales Tax

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in committee · New York · Senate Jan 7, 2026

S 2374: Provides for funding for the consolidated local street and highway improvement program

This bill redirects 4% of online sales tax revenue - including taxes collected from marketplace providers like Amazon - to fund local street and highway projects through the CHIPS program. It requires the comptroller to deposit these funds into a dedicated infrastructure account before distributing other tax funds. The program directly supports local governments undertaking road and highway improvements, using revenue generated from online retail transactions. The funding mechanism is effective January 1, 2026, and expires three years later. (Note: CHIPS = Consolidated Local Street and Highway Improvement Program.)

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects 4% of online sales tax revenue to fund infrastructure projects via dedicated account, directly allocating tax funds to public works programs.95% confidence ✓ TransportationSupports TransportationRedirects 4% online sales tax to fund local street/highway projects via CHIPS program, directly advancing transportation infrastructure funding.95% confidence

Sub-Topics Audits & Accountability Revenue Sales Tax Roads & Highways Transportation Funding

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in committee · New York · Senate Jan 7, 2026

S 4993: Requires certain agreements be included in the synopsis of requests for appropriations for the state budget

Requires written agreements between the governor and the legislature that relate to any budget appropriations be included in the synopsis of requests for appropriations for the state budget and published on the public website of the division of the budget.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires transparency in budget agreements, promoting fiscal accountability without altering funding levels or tax policies.95% confidence

Sub-Topics Appropriations Audits & Accountability State Budget

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in committee · New York · Senate Apr 9, 2026

S 2346: Enacts the "gas tax holiday act"

Enacts the "gas tax holiday act"; provides that from the first of the month after the effective date of the section until December 31, 2027 the taxes imposed on retail sales of fuel gas, motor fuel and diesel motor fuel shall be exempt from certain taxes.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill temporarily exempts gas taxes, reducing state revenue and weakening tax collection efforts during the holiday period.95% confidence ✗ EnergyOpposes EnergyTax holiday on fossil fuels favors fossil fuels over renewables, opposing clean energy transition.85% confidence

Sub-Topics Business Taxes Revenue Sales Tax

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in committee · New York · Senate Jan 8, 2025

S 953: Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; and imposes an additional tax on individual business income

Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; imposes an additional tax on individual business income in response to federal tax benefits for pass-through business income.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases corporate income tax rates and imposes additional business income tax to close federal tax loopholes for pass-through entities, strengthening state tax revenue.95% confidence

Sub-Topics Business Taxes State Budget

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in committee · New York · Senate Jan 7, 2026

S 3711: Provides for a personal income tax deduction for school supplies paid for out-of-pocket by K-12 teachers in public and nonpublic schools, up to $500 per year

Provides for a personal income tax deduction for school supplies paid for out-of-pocket by K-12 teachers in public and nonpublic schools, up to $500 per year.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax deduction for teachers' school supplies, reducing taxable income and offering tax relief to educators as a middle-income group.95% confidence ✓ EducationSupports EducationProvides tax deduction for K-12 teacher school supplies, directly supporting educators' out-of-pocket costs in K-12 education.90% confidence

Sub-Topics Income Tax Teachers

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in committee · New York · Senate Jan 7, 2026

S 171: Establishes a credit against income tax for union dues

S 171 creates a state income tax credit equal to the amount of qualified union dues paid by taxpayers to recognized labor organizations starting January 1, 2026. It directly affects individual taxpayers who pay union dues to organizations certified as bargaining representatives under state law. The credit reduces income tax liability dollar-for-dollar, with any excess treated as an overpayment refundable without interest. This policy change applies to dues paid for representation in matters like wages, hours, or working conditions, as defined in the bill.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates direct tax credit for union dues, providing tax relief to middle-income taxpayers who pay union dues to certified organizations.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProvides dollar-for-dollar tax credit for union dues, directly supporting collective bargaining rights and reducing financial barriers for union members.95% confidence

Sub-Topics Business Taxes Income Tax Tax Credits Collective Bargaining

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