This bill extends Wayne County's existing 1% additional sales tax (on top of the standard 3% rate) through 2027. It directly affects residents and businesses in Wayne County who pay sales tax on goods and services. The key provision modifies tax law to extend the tax period from December 1, 2025, to November 30, 2027. The bill was signed into law as Chapter 253 on August 7, 2025.
This bill extends Albany County's authority to impose an additional 1% sales and use tax (on top of its existing 3% rate) until November 30, 2027. It directly affects residents and businesses in Albany County who pay this tax, as well as local governments that receive tax revenue distributions. The key provision requires the county to distribute the additional tax revenue quarterly to cities and unincorporated areas in the same proportion as its current 3% tax revenue, and to towns/villages in the same manner as the existing tax. The bill also specifies that if any city in the county exercises its separate tax authority, the county does not need to distribute the additional tax revenue during that period. This is a straightforward extension of an existing local tax authorization with clear revenue distribution rules.
This bill extends an existing property tax rule in Clarkstown, Rockland County, for one additional year. It limits how much the tax rate for specific property classes can change annually - capping increases at 1% compared to the previous year's rate. The rule applies to Clarkstown's tax assessments for the 2024-2025 and 2025-2026 tax years, continuing a policy already in place since 2017. This affects Clarkstown property owners whose tax classifications are adjusted under this cap. The change is procedural, maintaining current tax assessment limits without altering broader tax policy.
This bill extends Westchester County's existing 1% additional sales and use tax, which is in addition to New York State's 4% rate, until November 30, 2027. It directly affects residents and businesses in Westchester County who pay sales tax on goods and services. The extension modifies existing tax law to update the expiration date from 2025 to 2027, maintaining the current tax structure without changing the rate or revenue allocation mechanisms.
This bill extends the existing authority of Cold Spring Village to collect a hotel and motel tax, allowing the village to continue this tax until July 21, 2027. It modifies a 2022 law (Chapter 433) by replacing a temporary "3 years after enactment" expiration with a specific end date. The change directly affects Cold Spring businesses operating hotels or motels and the village's ability to fund local services through this revenue source. The bill does not create a new tax but extends the current one's validity period. (Signed into law July 21, 2025, as Chapter 185.)
Extends the authorization of the town of Mount Pleasant to adopt a local law to impose a hotel/motel occupancy tax for hotels not located in a village to September 1, 2027.
The "Private Activity Bond Allocation Act of 2025" establishes a new formula for distributing the statewide volume ceiling for certain tax-exempt private activity bonds. These bonds are used by state and local agencies, as well as other entities, for purposes such as housing, economic development, and job creation. The act divides the statewide ceiling into three main portions: a local agency set-aside based on population, a state agency set-aside, and a statewide bond reserve. This structure aims to provide an orderly and efficient process for allocating these bonds, which require an allocation to maintain their federal tax-exempt status.
Makes a technical change to the tax law; authorizes the imposition of an occupancy tax in the city of Newburgh, in relation of the effectiveness thereof.
This bill extends Yonkers' authority to impose an additional 1% sales tax (on top of existing rates) plus a 0.5% tax for the city's use, through November 30, 2027. It directly affects Yonkers residents and businesses paying sales tax within the city limits. The key mechanism updates the expiration date in existing tax law to extend the tax authority beyond the previous 2025 deadline. The bill was signed into law on June 26, 2025, and will expire automatically on the specified date.
This bill creates the Vacant Rental Improvement Program, providing grants of up to $75,000 per unit to owners of small rental buildings (five or fewer units) located outside New York City. It requires renovated units to be leased at affordable rates - defined as 80% of area median income - for a 10-year period, with new owners inheriting the affordability requirement. The program prioritizes vacant units or those with code violations and establishes a dedicated "rental improvement fund" for financing. Owners who violate the lease terms risk full repayment of grants.