Budget & Taxes

signed · New York · Senate Aug 21, 2026

S 9264: Extends the authorization of the city of Beacon to impose a hotel and motel tax for an additional three years

This bill extends Beacon's existing authority to collect a hotel and motel tax for two additional years, directly affecting hotels and motels operating in Beacon and the city itself, which relies on this revenue. It modifies the expiration date of the tax authorization from 2026 to August 23, 2028, ensuring the tax can continue without needing new legislation. The key change is simply extending the current tax authority period, allowing Beacon to maintain this revenue stream through 2028. The bill does not alter the tax rate, scope, or how funds are used.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends Beacon's hotel/motel tax authority, maintaining local revenue stream for city budget without changes to tax rates or structure.95% confidence

in committee · New York · Senate Feb 12, 2026

S 9193: Increases tax credits for donations to food pantries made by farmers

Increases tax credits for donations to food pantries made by farmers by increasing the allowable percentage of the fair market value of such donations and increasing the maximum amount of such credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credits for farmers' food pantry donations, promoting charitable giving to support public services and providing tax relief for donors.90% confidence

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in committee · New York · Assembly Jun 3, 2026

A 10276: Authorizes the Merrick Hook & Ladder Co. 1 fire company recieve retroactive real property tax exempt status

Authorizes the Merrick Hook & Ladder Co. 1 fire company receive retroactive real property tax exempt status for the property located at 1893 Oakwood Ave, hamlet of Merrick, town of Hempstead, county of Nassau.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill grants retroactive property tax exemption to a fire company, providing tax relief and aligning with tax exemption policies supporting public services.95% confidence

Sub-Topics Property Tax

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in committee · New York · Assembly Feb 12, 2026

A 10233: Establishes the Center for Autoimmune and Blood Disorder Research

Establishes the Center for Autoimmune and Blood Disorder Research; allows for collaboration among medical professionals to provide insights and approaches to understanding autoimmune and blood disorder diseases and improving treatment methods; makes an appropriation therefor.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill makes specific appropriation for a new research center, directly increasing state budget allocation for a public health program.95% confidence ✓ HealthcareSupports HealthcareCreates research center with funding for autoimmune/blood disorder treatments, directly advancing healthcare research and treatment methods.95% confidence

Sub-Topics Appropriations

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in committee · New York · Assembly Feb 12, 2026

A 10146: Establishes a hotel/motel occupancy tax for the village of Greenport

This bill allows the village of Greenport, New York, to impose a 5% tax on hotel and motel room rentals for stays shorter than 90 consecutive days. It does not apply to permanent residents (staying 90+ days) or to certain exempt entities like government agencies and nonprofit organizations. The village would collect the tax through its chief fiscal officer, with all revenue deposited into the village’s general fund for any lawful purpose. The tax is set to expire three years after enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes a new 5% hotel/motel occupancy tax to generate village revenue, directly advancing local tax collection and fiscal management under Budget & Taxes.95% confidence

Sub-Topics State Budget

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in committee · New York · Senate Feb 10, 2026

S 9171: Establishes a central business district toll credit for commercial trucks

Establishes a tax credit for commercial trucks entering into the central business district for all additional tolls charged on trips into the central business district after the first entry per day.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for commercial trucks, reducing toll-related tax burden as direct tax relief under Budget & Taxes policy90% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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in committee · New York · Assembly May 27, 2026

A 10257: Authorizes Hachaim Veshalom to file an application for a retroactive real property tax exemption with the county of Nassau assessor

This bill authorizes Hachaim Veshalom, a not-for-profit corporation, to apply for a retroactive real property tax exemption for two specific parcels (734 Woodfield Road, West Hempstead) on Nassau County tax rolls covering 2022-2023 school and general tax assessments. If approved by the Nassau County assessor and legislature, the exemption would apply retroactively, allowing the organization to receive refunds for taxes paid on those parcels during those years. The bill specifically enables the county assessor to accept this late application as if it were filed by the original deadline. This is a procedural exception for one organization, not a change to general tax law.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill grants retroactive tax exemption, reducing Nassau County revenue, weakening budget through reduced tax collection.85% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Senate Feb 18, 2026

S 9249: Establishes the New York rural growth fund tax credit and the New York rural growth fund

Establishes the New York rural growth fund tax credit and the New York rural growth fund; provides that individuals who develop a business plan to invest in rural business in New York and have successfully solicited private investors to make capital contributions in support of such business plan may apply to the department of economic development for certification as a rural business growth fund; provides that if approved, tax credits shall be issued in an aggregate amount equal to seventy percent of the eligible investment authority; defines terms; provides for penalties; requires reporting.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credit for rural business investment, providing tax relief to encourage economic development in rural areas.90% confidence

Sub-Topics Tax Credits Tags Economic Development Rural Communities

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in committee · New York · Assembly Feb 12, 2026

A 10247: Relates to the excelsior research and development tax credit

Enacts the "empire innovation act"; provides that a participant in the excelsior jobs program shall be eligible to claim a credit equal to the portion of the full cost of the participant's research and development expenses incurred that relates to the participant's research and development expenditures in New York state during the taxable year; provided however, if the participant receives a federal research and development tax credit calculated on the full cost of the participant's research and development expenses that relates to the participant's research and development expenditures in New York state during the taxable year, then said participant shall only be eligible to claim a credit equal to fifty percent of the portion of the participant's federal research and development tax credit that relates to the participant's research and development expenditures in New York state during the taxable year.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for NY R&D expenses, creating fiscal incentive for business investment and innovation, aligning with tax relief and economic development.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Feb 20, 2026

A 10318: Relates to modifications increasing federal adjusted gross income

Adds certain gains with respect to small business stock excluded pursuant to section 1202 of the Internal Revenue Code as an increase to adjusted gross income.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill closes tax loophole by including small business stock gains in AGI, increasing state tax revenue per tax code modifications.95% confidence

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