Bill S 7797 provides emergency appropriations to fund state government operations from April 1, 2025, through May 9, 2025. This measure allocates funds for the salaries and benefits of state employees across the executive, legislative, and judicial branches. It also covers non-personal service liabilities for state departments and agencies, and provides aid to localities through the judiciary. Additionally, the bill adjusts specific appropriations within the Department of Health, including for the Center for Community Health Program and federal food and nutrition services. The purpose is to ensure the continuation of government functions until the full state budget for the fiscal year beginning April 1, 2025, is enacted.
Authorizes application of the property tax abatement for rent-controlled or rent regulated properties occupied by senior citizens or disabled persons, to those units occupied by tenants paying the maximum allowable rent when such rent exceeds 1/2 of the household income; provides for state payments to cities affected thereby equal to 10% of lost real property tax revenue.
Excludes the five state-run veterans homes from assessments on their gross receipts received from all patient care services and other operating income; directs the Commissioner of Health to apply to the secretary of the Department of Health and Human Services for any necessary waivers pursuant to federal law and regulation.
Provides that the sale of a rental vehicle to a rental business for use in such business is subject to taxes and shall not be considered a sale for resale.
Establishes the work opportunity tax credit for businesses with fifty employees or less for hiring a long term unemployed person; provides a credit shall be allowed of up to $2,400; provides the total amount of credit provided statewide shall not exceed fifteen million dollars.
S 3779 increases the maximum number of academic years students can receive tuition assistance under New York's program from four to six years. It directly affects undergraduate students enrolled in eligible two- or four-year colleges who rely on this state-funded aid. The key change extends eligibility periods, with specific provisions for students in remedial programs (counted as five-year programs) and those transferring due to college closures (allowing up to two additional semesters). This update aligns the program with longer degree completion timelines common in higher education.
S 5422 exempts zero-emission school buses and all necessary parts/equipment for their operation from New York's sales and use tax. This directly affects school districts and bus purchasers by removing a cost barrier when buying or maintaining electric or hydrogen-powered school buses. The bill adds a specific tax exemption to the tax law, applying to buses defined in education law §3638. It will take effect during the first sales tax period starting after 30 days from when the bill becomes law.
This bill creates a 25% tax credit for homeowners who install fire sprinkler systems in their residences. It directly affects residential property owners in municipalities that do not already require sprinkler systems. The credit covers 25% of labor and material costs, with a maximum annual credit of $5,000. The credit can be carried forward if it exceeds current tax liability but cannot reduce tax below the minimum amount required. The program begins for taxable years starting January 1, 2025.
This bill creates a "YMCA member" distinctive license plate for New York residents who are YMCA members. To obtain the plate, applicants must provide proof of YMCA membership and pay a $25 annual fee in addition to standard registration costs. The $25 fee is deposited directly into the New York State YMCA Foundation Fund, which supports YMCA programs and services across the state. The bill establishes this fund in state law and outlines how the money will be managed and spent, with no impact on existing license plate fees or state budgets.
Bill S 6595 establishes a property tax abatement program for owners of certain buildings in cities with populations of one million or more. This program incentivizes the installation of "facility-integrated carbon-to-value equipment" designed to capture, remove, or beneficially use carbon dioxide emissions. Eligible property owners can receive an abatement for a compliance period of up to eight years, calculated as the lesser of 5% of eligible equipment expenditures, the taxes payable, or $100,000 annually (with a potential maximum of $800,000). The equipment must demonstrate a net reduction in carbon dioxide emissions, and specific restrictions apply, including for certain boiler systems and locations within environmental justice areas.
