Budget & Taxes

in committee · New York · Senate May 28, 2026

S 9374: Authorizes the town of Clinton to impose an occupancy tax

Authorizes the town of Clinton to impose a 3% occupancy tax upon persons occupying hotel or motel rooms in such town; provides for the repeal of such provisions upon expiration thereof.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes imposition of occupancy tax to generate revenue for town budget, directly supporting fiscal management and funding.90% confidence

Sub-Topics Sales Tax

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in committee · New York · Senate Mar 3, 2026

S 9340: Extends the period of probable usefulness of broadband and related telecommunications infrastructure

This bill, known as the Municipal Broadband Financing Modernization Improvement Act of 2026, changes how long local governments can claim broadband infrastructure remains useful for financing purposes. It directly affects municipalities that build or upgrade internet networks by extending the official "probable usefulness" period from ten years to thirty years. The key provision amends the Local Finance Law to allow these infrastructure projects to be financed over a longer timeframe, which could impact how loans are structured and repaid. The change takes effect immediately upon passage and applies to broadband and telecommunications infrastructure acquired, constructed, or replaced under existing municipal laws.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill extends financing period for broadband infrastructure, enabling municipalities to fund essential public services over longer timeframe, promoting fiscal management and infrastructure investment.75% confidence ✓ TechnologySupports TechnologyBill extends financing period for broadband infrastructure, directly supporting internet access expansion and digital equity by enabling municipalities to build more sustainable networks.85% confidence

Sub-Topics Broadband Access Telecommunications

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in committee · New York · Assembly May 12, 2026

A 10559: Establishes a property tax exemption for police officers who serve in the state of New York

This bill creates a property tax exemption for police officers living in New York State. It allows local governments to exempt up to 15% of a qualified officer's residential property value from taxes, with a maximum benefit of $12,000 or a calculated amount based on state equalization rates. The exemption applies to property used exclusively for residential purposes and excludes school taxes. Police officers must apply annually using a state-prescribed form, and local governments can repeal the exemption with at least 90 days notice.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides property tax relief for police officers, reducing their tax burden and supporting essential public service workers through fiscal incentives.85% confidence ✓ Criminal JusticeSupports Criminal JusticeBill provides financial incentives to police officers through tax exemptions, potentially improving recruitment and retention in law enforcement.75% confidence

Sub-Topics Property Tax Tax Incentives Policing

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in committee · New York · Senate Mar 18, 2026

S 9494: Directs the commissioner of taxation and finance to help entities to elect to participate in the federal tax credit for elementary and secondary scholarships

Directs the commissioner of taxation and finance to help entities to elect to participate in the federal tax credit for elementary and secondary scholarships known as the Educational Choice for Children Act of 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill facilitates federal tax credit participation for educational scholarships, promoting tax relief and educational choice without increasing state tax burdens.85% confidence ✓ EducationSupports EducationBill facilitates federal tax credit for elementary and secondary scholarships, expanding educational access and funding options for families.85% confidence

Sub-Topics Tax Credits School Choice

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in committee · New York · Assembly May 28, 2026

A 10366: Establishes the white elephant housing historic rehabilitation projects tax credit program

Establishes the large projects historic rehabilitation tax credit and the "white elephant" housing historic rehabilitation projects tax credit program for qualified rehabilitation expenditures totaling fifty million dollars or more with respect to a certified historic structure that has been vacant, as determined by local code enforcement or other reasonable means, for at least ten of fifteen consecutive years preceding the date of the taxpayer's application for the rehabilitation credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credit program for historic rehabilitation, providing tax relief and encouraging investment in property rehabilitation while generating economic activity.85% confidence ✓ HousingSupports HousingBill provides tax credits for historic rehabilitation of vacant properties, encouraging development and reducing vacancy rates in housing stock.85% confidence

Sub-Topics Tax Credits Building Codes Historic Preservation

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in committee · New York · Assembly Mar 20, 2026

A 10671: Provides that in proceedings to review real property assessments in N.Y. city assessing method, capitalization rate, etc. must be disclosed

Provides that in judicial proceedings to review real property assessments in cities of one million or more inhabitants, the assessing method, capitalization rate, and other data or formula used to determine valuation must be disclosed to the petitioner.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases transparency in property tax assessments, promoting fiscal accountability and ensuring fair valuation processes for taxpayers.75% confidence

Sub-Topics Property Tax

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passed · New York · Assembly May 14, 2026

A 10641: Allows municipalities to relieve property owners of penalties due to lack of payment if such property owner was a victim of property tax fraud

This bill allows municipalities to cancel interest and penalties on property taxes for owners who were victims of property tax fraud. Property tax fraud includes incidents such as check fraud, mail theft, or unauthorized receipt of tax payments. To qualify for relief, property owners must provide documentation like affidavits, bank statements, or police reports proving the fraud occurred. The waiver is limited to the delinquency period caused by the fraud and cannot exceed one year from the original due date. Municipalities must obtain consent from affected municipal corporations before granting relief if the funds belong to those entities.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief to property tax fraud victims by waiving penalties, reducing financial burden and promoting fairness in tax collection.85% confidence

Sub-Topics Property Tax

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in committee · New York · Senate Mar 3, 2026

S 9343: Relates to public notice and hearing prior to the imposition of new fees or surcharges by the New York state thruway authority

This bill requires the New York State Thruway Authority to provide public notice and hold a hearing before implementing new fees, surcharges, or significant changes to existing charges. The law defines fees broadly to include administrative charges, assessments, and any new or increased costs related to toll collection and account management. Key provisions mandate public posting of proposed changes, written notice to affected account holders, a minimum 30-day comment period, and at least one public hearing, either in person or virtually. The authority must also publish a written explanation justifying the costs the fee aims to recover and the rationale for the amount set. Any fee or surcharge adopted without following these procedures would be unenforceable until the requirements are met.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill enhances fiscal accountability by requiring public notice and hearings before new fees, preventing arbitrary revenue increases and promoting transparent budget management.75% confidence

Sub-Topics Fees & Licensing

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in committee · New York · Assembly Mar 27, 2026

A 10756: Provides a real property tax exemption for property operated as a child day care

This bill creates a real property tax exemption for properties used to operate licensed child day care centers. It allows local governments to choose whether to adopt this exemption through a public hearing process, and they can also set limits on how much tax relief is provided. The exemption applies to both individual and corporate owners of property used for child day care purposes, but it ends if the property stops being used for eligible child care services.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides real property tax exemption for child day care centers, reducing tax burden on essential childcare services and promoting access to affordable care.85% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Senate Jun 3, 2026

S 9452: Extends certain provisions relating to supermarkets providing excess edible food to food relief organizations

This bill extends a tax incentive program for supermarkets that donate excess edible food to food relief organizations, keeping the provision in place until December 31, 2031. The measure directly affects grocery stores and food banks by maintaining the financial benefits that encourage supermarkets to share surplus food with those in need. The key provision simply updates the expiration date of an existing law that was originally set to end in 2026, ensuring the program continues for an additional five years. No new requirements or changes to the donation process are introduced; the bill only adjusts the timeline for when the current rules will no longer apply.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill extends tax incentive for food donations, promoting fiscal responsibility and supporting essential food relief programs through maintained tax benefits.85% confidence

Sub-Topics Tax Incentives

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