Budget & Taxes (Income Tax)

failed · New York · Assembly Jun 4, 2026

A 4496: Provides for a credit against personal income tax for volunteer firefighters who complete qualifications to become a training instructor

Provides for a credit against personal income tax for volunteer firefighters who complete qualifications to become a training instructor; provides that such credit shall be equal to the sum of five hundred dollars or the total amount of the tax owed by the taxpayer if less than five hundred dollars, whichever is lower.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit reducing personal income tax burden for volunteer firefighters - direct tax relief for targeted group, aligning with tax relief indicators.95% confidence

Sub-Topics Income Tax

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in committee · New York · Assembly May 20, 2026

A 6032: Relates to enhanced eligibility requirements of STAR

This bill changes New York's STAR property tax relief program for seniors. It allows seniors whose income decreases due to retirement or the death of a spouse to use their *next* year's income (instead of their current year's income) when determining eligibility for the enhanced STAR exemption. To qualify, seniors must file their income tax return for that later year (or provide other income documentation) with the local assessor by the tax deadline. This adjustment helps seniors who experience a temporary income drop after retirement maintain their property tax relief without immediate loss of benefits.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands property tax relief eligibility for seniors by allowing next year's income calculation, reducing tax burden on lower-income seniors through enhanced STAR program.95% confidence ✓ HousingSupports HousingBill adjusts STAR tax relief eligibility for seniors, reducing property tax burden and increasing housing affordability for senior homeowners through income flexibility.65% confidence

Sub-Topics Income Tax Property Tax Property Taxes

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passed · New York · Senate Jun 3, 2026

S 6019: Relates to the volunteer firefighters' and ambulance workers' credit; repealer

Repeals the provision of law that volunteer firefighters and ambulance workers who receive a real property tax exemption for service may not receive the income tax credit for such service.

Topics ✓ Budget & TaxesSupports Budget & TaxesRepeals restriction preventing volunteer firefighters/ambulance workers from receiving income tax credit, providing tax relief for lower-income public service workers.92% confidence

Sub-Topics Income Tax Property Tax Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 4106: Disregards the federal child tax credit in calculating an individual taxpayer's federal adjusted gross income

Disregards any amount included in an individual taxpayer's federal adjusted gross income as a result of the federal child tax credit for purposes of calculating an individual taxpayer's federal income tax deduction.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill removes tax credit from state tax calculation, increasing burden on families eligible for federal child tax credit.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 1048: Provides for an increased personal income tax deduction for medical expenses incurred by a New York taxpayer

Provides for an increased personal income tax deduction for medical expenses incurred by a New York taxpayer to include medical insurance premiums and long term care premiums.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands tax deductions for medical expenses, providing direct tax relief for New York taxpayers, aligning with tax relief indicators for middle/lower income.95% confidence ✓ HealthcareSupports HealthcareIncreases tax deduction for medical expenses including insurance premiums, reducing out-of-pocket costs and improving healthcare affordability access.95% confidence

Sub-Topics Income Tax

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in committee · New York · Assembly Jan 7, 2026

A 4948: Provides earned income tax credit to youth workers, increases standard deduction for individuals 18 to 24, and provides for deduction of student loan interest

Provides an earned income tax credit to youth workers; increases the standard deduction for individuals eighteen to twenty-four years of age; provides for the deduction of student loan interest; provides for the expiration of such provisions.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credits/deductions for youth workers and students, reducing taxable income for lower/middle-income groups per EITC and standard deduction increases.95% confidence ✓ EducationSupports EducationProvides student loan interest deduction and tax credits for young adults, reducing financial barriers to higher education access.85% confidence

Sub-Topics Income Tax Tax Credits Student Financial Aid

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in committee · New York · Assembly Jan 7, 2026

A 6000: Provides for the advance payment of the earned income tax credit

This New York State bill allows for advance payments of the Earned Income Tax Credit (EITC) to qualifying low-income workers, replacing the current system where refunds are issued after annual tax filing. Eligible workers - including those aged 19 or older (down from 25) and without children - will receive four payments: three during the year (20% of the expected credit) and one adjusted payment after the tax year ends. The bill also increases the credit percentage for 2027 and later years (up to 40%), raises the income threshold for phaseout to $24,960 (from $11,610), and includes annual inflation adjustments. Payments will be delivered via direct deposit or electronic benefit transfer (EBT) card.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands EITC access with advance payments for low-income workers, providing direct tax relief and strengthening tax credit funding for qualifying individuals.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentExpands EITC access for low-income workers, providing earlier financial support and increasing benefits through lower age requirements and advance payments.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 3474: Relates to a working families tax credit

Provides for a working families tax credit; directs quarterly prepayment of the credit; provides for a sliding reduction in the credit for incomes which exceed a certain threshold.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for working families, reducing tax burden for lower/middle income households per bill summary.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 288: Relates to the volunteer firefighters' and ambulance workers' credit; repealer

Repeals the provision of law that volunteer firefighters and ambulance workers who receive a real property tax exemption for service may not receive the income tax credit for such service.

Topics ✓ Budget & TaxesSupports Budget & TaxesRepeals restriction preventing volunteer workers from claiming income tax credit, providing tax relief for eligible individuals.95% confidence

Sub-Topics Income Tax Property Tax Tax Credits

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in committee · New York · Assembly Jan 13, 2026

A 5856: Establishes a tax deduction for cash and credit card tips received

This bill allows workers to deduct cash tips they receive from their New York state income tax. It specifically applies to cash tips classified as wages under federal tax law (like those from servers or bartenders who collect cash). The deduction covers tips received during the taxable year, reducing the worker's taxable income. The change would take effect for tax years beginning on or after January 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief for service workers by allowing cash tip deductions, reducing taxable income for middle/lower income earners.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentAllows tax deduction for cash tips, increasing net earnings for tipped workers (e.g., servers), directly supporting wage retention and financial stability.95% confidence

Sub-Topics Income Tax Labor Standards

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