A 11412 New York Assembly · 2025 Regular Session

Requires an annual brownfields redevelopment tax credit report

This bill requires the state tax commissioner to publish an annual report on brownfields redevelopment tax credits by June 30th each year. The report will list the names of entities claiming these credits, the specific amounts of tax benefits received, and details about the projects funded, such as construction jobs, wage rates, and the number of minority and women-owned businesses involved. By making this information public, the legislation aims to increase transparency regarding how the state's tax incentives for cleaning up contaminated sites are being utilized. The requirement for this report applies to all taxpayers who claimed the credit in the previous calendar year.
Bill status passed both 4 of 5 stages cleared
Introduction
May 2026
Committee Review
Jun 2026
Assembly Passage
Jun 2026
Senate Passage
Jun 2026
Governor
Introduced May 15, 2026 Last action Jun 4, 2026
Floor votes · Senate Jun 4, 2026 · Assembly Jun 3, 2026

How they voted

591
Passed · 3 other
Total votes 63
Jun 4, 2026
D Democratic41
38 Yea 3
92% Yea
R Republican22
21 Yea 1 Nay
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
12
Key actions
2
Committee
3
Jun 4, 2026
Upper · Passed
PASSED SENATE
upper
Jun 3, 2026
Committee
REFERRED TO RULES
upper
Jun 3, 2026
Lower · Passed
PASSED ASSEMBLY
lower
Jun 3, 2026
Committee
REPORTED REFERRED TO RULES
lower
May 15, 2026
Committee
REFERRED TO WAYS AND MEANS
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.