Budget & Taxes

passed · New York · Assembly Jun 5, 2026

A 10693: Relates to the deposit of additional sales and compensating use taxes by the county of Herkimer

This bill directs the County of Herkimer to deposit additional sales and compensating use tax revenue into its general fund rather than a special construction fund. The legislation modifies existing tax law to allow the county to use these tax collections for general purposes after paying expenses related to building correctional facilities. It applies to the period from December 1, 2027, through November 30, 2027, and affects only the Herkimer County government. The bill takes effect immediately upon passage.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill directs additional tax revenue to county general fund, increasing available resources for public services and fiscal management.75% confidence

Sub-Topics Revenue Sales Tax State Budget

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passed both · New York · Assembly Jun 2, 2026

A 10562: Establishes a real property tax exemption for surviving spouses of correction officers who died in the line of duty

Establishes a real property tax exemption of up to fifty percent of the assessed valuation of such real property for surviving spouses of state and county correction officers who died in the line of duty and such property constitutes the primary resident of such surviving spouse.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief to surviving spouses of correction officers, reducing their tax burden and supporting families of public servants who died in the line of duty.85% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Mar 27, 2026

A 10716: Enacts the "End the Toll Trap: Real Relief for Drivers Act"

Enacts the "End the Toll Trap: Real Relief for Drivers Act" to address excess administrative costs incurred by public authorities for the collection of toll payments and to ensure repeat toll evaders pay such costs; creates the New York and New Jersey toll and fees reduction task force to examine and evaluate the efficacy of current payment processing procedures and systems, and to provide recommendations to increase efficacy and reduce tolls and administrative fees.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill reduces toll fees and administrative costs, promoting fiscal relief for drivers and improving government spending efficiency.85% confidence ✓ TransportationSupports TransportationBill aims to reduce tolls and administrative fees, making transportation more affordable and efficient for drivers.85% confidence

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in committee · New York · Assembly Mar 13, 2026

A 10575: Creates the middle class circuit breaker tax credit and a tax reform study commission

Creates the middle class circuit breaker tax credit allowing a credit against personal income tax, equal to seventy percent of the amount by which the taxpayer's net real property tax or the taxpayer's real property tax equivalent exceeds the taxpayer's maximum real property tax; establishes a tax reform study commission.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credit for middle class and establishes tax reform commission, directly addressing tax relief and fiscal management.85% confidence

Sub-Topics Income Tax Property Tax Tax Credits

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in committee · New York · Assembly Mar 13, 2026

A 10613: Increases the tax exemption on real property owned by members of volunteer fire companies or voluntary ambulance services in certain counties

Increases the tax exemption to twenty percent on real property owned by members of volunteer fire companies or voluntary ambulance services in certain counties.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases tax exemption for volunteer fire and ambulance members, providing tax relief that supports fiscal management and public service funding.85% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Mar 13, 2026

A 10584: Provides a tax exemption from sales and compensating use taxes on alternative energy systems

Provides a tax exemption from sales and compensating use taxes on alternative energy systems including alternative energy systems, new Energy Star appliances and tangible personal property used in or on habitable residential and non-residential structures to improve energy efficiency; defines relevant terms; authorizes municipalities to adopt the exemption.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax exemptions for alternative energy systems and energy-efficient appliances, promoting fiscal responsibility and reducing tax burdens for consumers.90% confidence ✓ EnergySupports EnergyBill provides tax exemptions for alternative energy systems and energy efficiency improvements, directly promoting renewable energy adoption and reducing energy costs.95% confidence ✓ EnvironmentSupports EnvironmentBill provides tax exemptions for alternative energy systems and energy-efficient appliances, promoting clean energy adoption and environmental protection.90% confidence

Sub-Topics Tax Incentives Energy Efficiency

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in committee · New York · Senate Mar 19, 2026

S 9521: Authorizes recoupment of financial incentives awarded businesses upon failure to fulfill the terms of such incentive

Authorizes recoupment by the state or any political subdivision of financial incentives such as awards, loans, grants or tax abatements, awarded businesses for purposes of job training, job creation or retention, or the development of business operations, upon recipient's failure to complete the terms of the incentive.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill promotes fiscal responsibility by ensuring state financial incentives are recouped when businesses fail to meet terms, protecting public funds.85% confidence

Sub-Topics Tax Incentives Tags Economic Development

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vetoed · New York · Assembly Jun 10, 2026

A 10004: CAPITAL PROJECTS BUDGET

This bill appropriates funds for state capital projects, including new construction programs, advances from the capital projects fund, and reappropriations of unused funds from the previous fiscal year. It establishes that these funds are allocated for specific purposes and projects designated by the appropriations and must be approved by the budget director before payment. The legislation also authorizes the budget director to withhold certain payments if a general fund imbalance of $2 billion or more is projected for the 2026-27 fiscal year, while exempting critical payments such as public assistance, debt service, and court-ordered obligations from such withholdings.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates funds for state capital projects, establishing clear allocation rules and oversight mechanisms to ensure fiscal responsibility and fund essential infrastructure programs.95% confidence

Sub-Topics Appropriations Debt & Bonds State Budget

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signed · New York · Senate Aug 21, 2026

S 9376: Authorizes the town of Lancaster to impose an occupancy tax

This bill authorizes the town of Lancaster in Erie County to impose an occupancy tax of up to three percent on overnight lodging. The tax applies to hotels, motels, bed and breakfasts, and tourist facilities, but exempts permanent residents who stay for at least 90 consecutive days. The town can collect the tax through its fiscal officer, and property owners may be responsible for collecting and remitting the tax on behalf of the town. Revenues from the tax will go into the town's general fund for any lawful purpose, and the authorization expires on December 31, 2028.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes new occupancy tax to generate revenue for town general fund, directly supporting local budget and fiscal management.95% confidence

Sub-Topics State Budget

in committee · New York · Assembly Mar 13, 2026

A 10549: Authorizes a tax abatement for alterations and improvements to multiple dwellings for purposes of preserving habitability in affordable housing

This bill modifies New York State's real property tax law to allow property owners of affordable housing buildings to receive tax reductions for making specific repairs and improvements that maintain the habitability of their units. It directly affects owners of multi-unit rental buildings, condominiums, cooperatives, and mutual housing companies that meet certain income and affordability requirements. To qualify, buildings must have at least three units, and owners must obtain a certificate from their local housing agency confirming the project's eligibility and cost limits, with improvements needing to be completed within a thirty-month window. The tax abatement is tied to a certified reasonable cost schedule that sets maximum dollar limits for approved alterations, ensuring funds are used for essential maintenance rather than expansion.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax abatement for affordable housing improvements, reducing tax burden on property owners while preserving habitability in affordable housing units.85% confidence ✓ HousingSupports HousingBill provides tax abatement for affordable housing improvements, directly funding and protecting habitability of affordable housing units.95% confidence

Sub-Topics Property Tax Tax Incentives Affordable Housing Property Taxes Tenant Rights

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