Budget & Taxes

in committee · New York · Assembly May 18, 2026

A 10234: Relates to interest earned on the statewide opioid settlement agreement money

This bill clarifies that the opioid settlement fund must include interest earned on settlement money, not just the principal amount. It amends state law to explicitly state that all funds in the opioid settlement account consist of settlement payments *and* any interest accrued on those payments. The change directly affects how the state manages and tracks money from the statewide opioid settlement agreement, ensuring interest is included in the fund's total. The bill makes no new policy changes but updates the legal definition of the fund's composition.

Topics ✓ Budget & TaxesSupports Budget & TaxesClarifies interest inclusion in opioid settlement fund, promoting fiscal responsibility in fund management per bill summary.80% confidence

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in committee · New York · Assembly Feb 12, 2026

A 10264: Establishes the youth justice innovation fund

Establishes the youth justice innovation fund to make funds available to community-based organizations for services and programs with the purpose of youth development and preventing youth arrest and incarceration.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes a state fund to allocate budget resources for youth development programs, directly advancing fiscal support for community services under appropriations.95% confidence ✓ Criminal JusticeSupports Criminal JusticePrevents youth arrest/incarceration via community funding, aligning with reform goals to reduce system involvement90% confidence

Sub-Topics Corrections Juvenile Justice

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in committee · New York · Senate Feb 13, 2026

S 9198: Requires the provision of home-delivered meals to eligible homebound older adults on weekends and holidays; appropriation

Directs the state office for the aging to establish a grant program for the provision of home-delivered meals to eligible homebound individuals on weekends and state-recognized holidays by eligible entities; requires a report; makes an appropriation therefore.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates state funds for home-delivered meal grants to homebound seniors, directly funding a public service program.95% confidence

Sub-Topics Appropriations

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in committee · New York · Senate Apr 16, 2026

S 9220: Establishes a low potency cannabis beverage retail permit

Authorizes the issuance of a low potency cannabis beverage retail permit to licensed off-premises liquor and wine stores to allow the regulated sale of low potency cannabis single use beverages that contain no more than 5mg of THC manufactured by New York state adult-use licensees; provides for the allocation of low potency cannabis beverage tax revenue in the New York state cannabis revenue fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates cannabis beverage tax revenue to state fund, creating new tax stream for fiscal management and program funding.95% confidence

Sub-Topics Revenue

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in committee · New York · Assembly May 18, 2026

A 10145: Directs the chief administrator of the courts to develop and implement a random audit compliance program to conduct periodic financial audits of law firms; and provides for funding of the program

Directs the chief administrator of the courts to develop and implement a random audit compliance program to conduct periodic financial audits of law firms that engage in the private practice and create and manage escrow trust accounts in the state in order to ensure proper handling of IOLTA accounts; provides for the funding of the random audit compliance program.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly provides funding for a court audit program to ensure proper handling of IOLTA accounts, aligning with fiscal responsibility and government spending oversight.95% confidence

Sub-Topics Audits & Accountability

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in committee · New York · Assembly Feb 12, 2026

A 10159: Establishes the managed long term care high acuity stabilization pool; appropriation

Establishes the managed long term care high acuity stabilization pool to support managed long term care plans that demonstrate high performance on quality measures established by the department and serve a disproportionately high share of members with complex long term care needs or high service utilization.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes a state appropriation pool to fund managed long-term care programs, directly allocating budget resources to support essential healthcare services for vulnerable populations.95% confidence

Sub-Topics Appropriations

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in committee · New York · Assembly Feb 12, 2026

A 10255: Relates to business income base and certain small business taxpayers

This bill adjusts New York State tax rates for small business taxpayers by lowering the business income tax percentage for qualifying small businesses over time. For taxable years beginning in 2027, businesses with a base income under $400,000 pay 4% instead of the previous rate; this drops to 2.5% for 2028. It directly affects sole proprietors and entities like LLCs, partnerships, or S corporations with net business income under $550,000 (for sole proprietors) or $1.5 million in gross business income (for other entities). The bill modifies tax calculations for income above $400,000 up to $500,000, with specific formulas for higher brackets. These changes apply to New York State tax returns for 2027 and later.

Topics ✓ Budget & TaxesSupports Budget & TaxesLowers business income tax rates for small businesses (4% in 2027, 2.5% in 2028), providing direct tax relief to qualifying sole proprietors and entities under income thresholds.95% confidence

Sub-Topics Business Taxes Income Tax Tags Small Business

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in committee · New York · Assembly Feb 2, 2026

A 10130: Provides a tax credit for sales or rentals of agricultural assets to emerging farmers; and establishes the duties of the commissioner of agriculture and markets with respect thereto

Provides a tax credit for sales or rentals of agricultural assets to emerging farmers; requires the commissioner of agriculture and markets to implement a plan for certification of eligible taxpayers with respect thereto.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for emerging farmers, reducing tax burden and supporting agricultural sector through fiscal incentive.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Senate Mar 19, 2026

S 9189: Relates to increasing tax rates imposed on unincorporated businesses and corporations in New York city

Increases tax rates imposed on unincorporated businesses and corporations in New York city upon adoption of a local law by the local legislative body of the city of New York.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes 25% business tax surcharge on corporations in large cities, directly increasing municipal tax revenue for budget purposes.92% confidence

Sub-Topics Business Taxes Fees & Licensing

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in committee · New York · Assembly Feb 12, 2026

A 10216: Repeals paragraph 37 of subdivision (a) of section 1115 of the tax law and subdivision (y) of section 1115 of the tax law relating to sale and use taxes with respect to data centers

Repeals provisions relating to sale and use taxes with respect to data centers to include both personal property purchased by internet data centers and services performed on said personal property purchased by data centers.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRepeals tax provisions for data centers, granting tax relief to businesses and weakening tax collection - aligns with 'oppose' as it reduces tax burden on large entities.95% confidence

Sub-Topics Sales Tax

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