Budget & Taxes

in committee · New York · Senate Jan 7, 2026

S 7907: Relates to the imposition of sales tax on the sale of race horses made through claiming races

This bill changes the sales tax rules for race horses sold in claiming races. It requires sellers to pay sales tax on the full purchase price each time a horse is sold, rather than just the amount exceeding previous purchase prices in the same year. Race tracks must keep detailed records of these sales for tax purposes. The law applies to all claiming race horse transactions within the state starting 90 days after enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires full sales tax on claiming race horse sales, closing a tax loophole to increase revenue collection under fiscal management.90% confidence | Rep's Stance ✗ Voted No ✗ Opposes Budget & Taxes

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in committee · New York · Senate Jan 7, 2026

S 3411: Provides a tax credit for the installation of certain fire sprinkler systems

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit reducing homeowner tax liability, a form of tax relief directly affecting state tax policy.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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died · New York · Senate Jan 7, 2026

S 3272: Establishes the YMCA distinctive license plate

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates $25 annual fee for YMCA license plate, depositing funds directly into YMCA Foundation Fund to support state programs, aligning with funding essential services.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · New York · Senate Jan 7, 2026

S 6595: Provides a tax abatement for facilty-integrated carbon-to-value equipment

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes a property tax abatement program, directly creating a tax incentive for businesses to adopt carbon capture equipment, advancing tax policy as a fiscal tool.95% confidence ✓ EnergySupports EnergyBill incentivizes carbon capture technology via tax abatement, promoting emissions reduction in energy infrastructure per clean energy indicators.90% confidence ✓ EnvironmentSupports EnvironmentBill incentivizes CO2 capture technology via tax abatement, directly reducing emissions and advancing environmental protection through carbon management.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · New York · Senate Jan 7, 2026

S 5733: Relates to the cost of maintenance and operation of local veterans' service agencies

This bill (S 5733) changes how state funds cover maintenance and operation costs for local veterans' service agencies. County and city agencies will receive 50% of their approved costs from the state, with population-based limits: $25,000 for areas under 100,000 people, plus $5,000 for each additional 100,000 people in population. The state will allocate funds using 0.5% of the previous year’s veterans’ administration spending. It directly affects county and city veterans’ service agencies, ensuring predictable state reimbursement for operational costs. The bill amends existing law to clarify funding mechanisms without creating new programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates state funds (50% coverage with population-based limits) to maintain veterans' service agencies, directly funding essential public services through budget appropriations.90% confidence ✓ VeteransSupports VeteransBill allocates state funds (50% of costs, capped by population) to cover maintenance/operations of veterans' service agencies, directly funding veteran programs.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · New York · Senate Jan 7, 2026

S 2082: 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 targeting middle/lower income with sliding scale, aligning with tax relief indicators95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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died · New York · Senate Jan 7, 2026

S 8238: Relates to self-exclusion provisions

S 8238 modifies self-exclusion rules for gamblers who voluntarily ban themselves from casinos, racetracks, or other licensed gaming venues. It prohibits self-excluded individuals from collecting any winnings or recovering losses from gambling activity while excluded, requiring all such money or value to be forfeited to the state. Forfeited funds must be deposited into specific accounts based on the gambling type - such as the state lottery fund for lottery winnings or the commercial gaming revenue fund for casino losses. This bill directly affects gamblers who have chosen self-exclusion, ensuring they cannot benefit financially from prohibited gambling activity.

Topics ✓ Budget & TaxesSupports Budget & TaxesForfeited gambling funds from self-excluded individuals are directed to state lottery/gaming revenue accounts, increasing state budget revenue without tax changes.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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died · New York · Senate Jan 7, 2026

S 5269: Authorizes the establishment of permanent Covid-19 memorials and establishes a Covid-19 permanent memorial fund

This bill authorizes New York state and local municipalities to establish permanent memorials honoring those affected by the COVID-19 pandemic. It creates a dedicated "COVID-19 permanent memorial fund" managed by the state comptroller and parks department, which will receive state appropriations, grants, donations, and bequests specifically for building and maintaining these memorials. The bill requires community input - especially from families of those impacted - during memorial design and location decisions, with all funds kept separate from other state money.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates state-funded memorial fund via appropriations, directly allocating budget resources for a dedicated program.90% confidence | Rep's Stance Voted absent

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in committee · New York · Senate Jan 7, 2026

S 7876: Relates to the itemized deduction for gambling losses

This New York bill (S 7876) eliminates the state tax deduction for gambling losses. It directly affects New York taxpayers who itemize deductions and claim gambling losses on their state returns. The law changes the tax code to set the state deduction for gambling losses at zero percent of the federal amount allowed under IRS rules. This means taxpayers can no longer deduct gambling losses from their New York state taxable income, effective for tax years beginning January 1, 2025. The change applies to all such taxpayers regardless of their gambling activity level.

Topics ✓ Budget & TaxesSupports Budget & TaxesEliminates tax deduction for gambling losses, closing a tax loophole and increasing state revenue, aligning with fiscal responsibility and tax code strengthening.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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signed · New York · Senate Dec 19, 2025

S 4043: Authorizes the Bedford Hills Fire District to file an application for exemption from school and real property taxes

Authorizes the Bedford Hills Fire District to file an application for exemption from school and real property taxes for the 2022-2023 assessment years.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes tax exemption for fire district, providing tax relief to a public entity without increasing tax burden.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes