Budget & Taxes

in committee · New York · Senate Jan 7, 2026

S 6479: Establishes the elderly abuse protective act to protect persons 62 years of age or older who suffer abuse and deprivation; appropriation

Enacts the "elderly abuse protective act" to protect residents 62 years of age or older who suffer abuse or deprivation; requires reports to the commissioner of the office of children and family services of the possible necessity for protective services; specifies action by such commissioner upon receiving such report including evaluation, right of entry, and furnishing of protective services; specifies the authority of the office of children and family services with respect thereto and requires assistance of other agencies in the implementation thereof; provides for judicial and review action against caretakers who abuse elderly; creates statewide central register of elderly abuse; appropriates $600,000 to the office of children and family services.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill includes 'appropriation' for elderly abuse protective services, explicitly funding an essential program under budget/fiscal management.90% confidence

Sub-Topics Appropriations

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in committee · New York · Assembly Jan 7, 2026

A 1331: Requires certain watercraft, aircraft, and trains to be zero emissions; requires the study of certain clean energy sources; requires certain monetary incentives for clean energy vehicles

Requires certain watercraft, aircrafts, and trains to use clean energy, including ensuring such vehicles are zero-emissions; requires NYSERDA to study zero-emission commercial vehicles, the use of renewable energy in publicly funded airports, and the use of sustainable aviation fuel; requires NYSERDA to administer a grant program to flying schools and clubs that install charging infrastructure.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates state funds via NYSERDA grants for clean energy infrastructure, directly funding environmental programs through government spending.92% confidence ✓ EnergySupports EnergyRequires zero-emission transportation mandates, funds clean energy studies, and administers grants for charging infrastructure - directly advancing renewable energy adoption.95% confidence ✓ EnvironmentSupports EnvironmentMandates zero-emission requirements for transport, funds clean energy studies and infrastructure grants, directly advancing environmental protection and emissions reduction.95% confidence ✓ TransportationSupports TransportationBill mandates zero-emission requirements for transportation modes (watercraft, aircraft, trains) and funds clean energy incentives, directly advancing sustainable transportation infrastructure goals.95% confidence

Sub-Topics Electric Vehicles Renewable Energy Airports Electric Vehicles

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in committee · New York · Senate Jun 10, 2025

S 7780: Relates to the tax exemption of a mutual redevelopment company

S 7780 would allow cities with a population of over one million to grant mutual redevelopment companies an additional 50 years of tax exemption, following the initial maximum period. The exemption requires that the company pays at least 5% of annual rent (minus utilities) for residential units or the taxes paid during 2000-2001, whichever is lower. This applies only to companies already operating under the existing tax exemption framework in large cities.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExtends tax exemptions for redevelopment companies, reducing government tax revenue and weakening fiscal management through prolonged tax breaks.95% confidence ✓ HousingSupports HousingExtends tax exemptions for redevelopment companies with 5% rent payment requirement, incentivizing affordable housing development under existing framework.85% confidence

Sub-Topics Tax Incentives Community Development Renters

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in committee · New York · Assembly Jan 7, 2026

A 1262: Enacts the "Livable New York act"; approp

Enacts the "Livable New York act" to fight back against climate change, provide additional affordable housing and provide employment opportunities for formerly incarcerated individuals; makes a three billion dollar appropriation therefor.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates $3B appropriation for climate, housing, and reentry programs, directly increasing state spending on public services per budget/funding indicators.95% confidence ✓ EnvironmentSupports EnvironmentBill explicitly fights climate change with $3B appropriation for environmental action, aligning with indicators of strengthening protections.95% confidence ✓ HousingSupports HousingBill explicitly provides additional affordable housing and allocates $3 billion for it, directly advancing housing affordability.95% confidence

Sub-Topics Climate Change Affordable Housing

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in committee · New York · Senate Feb 10, 2026

S 3150: Establishes the New York state first home grant program

Establishes the New York state first home grant program; directs the commissioner of homes and community renewal, in consultation with the state comptroller, to implement such program; provides assistance on behalf of a first time home buyer qualified for such program; and for costs in connection with the acquisition, involving an eligible mortgage loan, of an eligible home, including downpayment costs, closing costs, and costs to reduce the rates of interest on eligible mortgage loans; subsidies to make shared equity homes affordable to home buyers by discounting the price for which the home will be sold and to preserve the affordability of the home for subsequent home buyers; and pre-occupancy home modifications required to accommodate qualified home buyers or members of their household with disabilities; excludes the amount of any grant to any first time home buyer awarded or any federal first time home buyer grant program from taxable income for the purpose of calculating New York adjusted gross income.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates state budget funds for first-time homebuyer grants, directly funding a program under government spending with no tax implications.95% confidence ✓ HousingSupports HousingProvides direct financial assistance for down payments and closing costs for first-time homebuyers, advancing affordable housing access through state funding.95% confidence

Sub-Topics Audits & Accountability Homeownership Mortgages

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in committee · New York · Assembly Jan 7, 2026

A 4364: Exempts certain retirement plan distributions for income tax purposes

Adjusts the taxable income of individuals who were forced to withdraw funds from certain retirement accounts due to damage of primary residences following Superstorm Sandy to ensure such individuals were not penalized for withdrawing such funds.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts Sandy-related retirement withdrawals from state income tax, providing direct tax relief to affected individuals per bill summary.95% confidence

Sub-Topics Income Tax

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in committee · New York · Assembly Jun 2, 2026

A 7922: Establishes a community housing fund in the town of Rochester, county of Ulster

This bill establishes a community housing fund in Rochester to provide affordable housing opportunities for residents. It offers financial assistance (up to 50% of a home's purchase price) to first-time homebuyers who live in or work for the town and have household incomes at or below 100% of Ulster County's state-set low-income threshold. The fund can also be used to build, rehabilitate, or rent affordable housing units for eligible residents, financed through local taxes, grants, and other town revenues. An advisory board of community representatives will oversee the fund's operations and ensure compliance with affordability guidelines.

Topics ✓ Budget & TaxesSupports Budget & TaxesUses local taxes to fund affordable housing program, advancing public service funding through dedicated fiscal allocation.95% confidence ✓ HousingSupports HousingBill creates community housing fund providing financial assistance (up to 50% home price) for low-income first-time buyers and funds affordable housing development/rehabilitation.95% confidence

Sub-Topics Affordable Housing Renters

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in committee · New York · Senate Jan 7, 2026

S 861: Establishes the New York college debt repayment program

S 861 establishes a New York state program allowing residents to pay off college debt for family members tax-free. It creates tax-deferred accounts where contributions grow without state or federal income tax, and withdrawals for qualified education expenses (like tuition, books, or 2009-2010 computer purchases) are also tax-free. The program requires cash contributions, separate accounting per beneficiary, and limits investment changes to twice yearly. It directly affects New York residents who want to help family members (spouses, children, or cousins) with higher education costs through this state-run debt repayment mechanism.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax-free college debt repayment program with tax-deferred accounts and tax-free withdrawals for education expenses, providing direct tax relief through state tax advantages.95% confidence ✓ EducationSupports EducationCreates tax-free college debt repayment program, reducing financial barriers for higher education access and directly supporting students/families through tax benefits for education expenses.95% confidence

Sub-Topics Income Tax Student Financial Aid

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in committee · New York · Assembly May 14, 2026

A 342: Establishes the end toxic home flipping act

Establishes the end predatory home flipping act; imposes a tax on the transfer of certain residential properties which are sold within two years of the prior conveyance of such property; exempts certain purchases of residential properties from mortgage recording taxes; imposes a tax on the transfer of certain properties in the city of New York which are sold for one million dollars or more.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes tax on rapid property flips and high-value NYC sales, generating revenue through targeted taxation to address market practices, aligning with fiscal management.92% confidence ✓ HousingSupports HousingTax on short-term property flips targets speculative practices that inflate housing costs, aligning with affordability goals. Title explicitly addresses 'toxic home flipping' as a housing market issue.85% confidence

Sub-Topics Mortgages Property Taxes

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in committee · New York · Assembly Jan 7, 2026

A 3215: Establishes a tax credit for rent paid on the personal residence of certain taxpayers

Establishes a tax credit for rent paid on the personal residence of certain taxpayers who lease the taxpayer's primary residence during the taxable year and who pay rent with respect to such residence in excess of thirty percent of such taxpayer's gross income for such taxable year.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for renters paying >30% of income in rent, offering tax relief to lower/middle-income taxpayers per bill summary.92% confidence ✓ HousingSupports HousingProvides tax credit for renters paying >30% of income in rent, reducing housing cost burden for low-income tenants, supporting affordability.85% confidence

Sub-Topics Tax Credits Renters

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