Budget & Taxes

passed · New York · Senate Mar 5, 2026

S 3665: Expands the tax exemption for new farm buildings

S 3665 expands the real property tax exemption for new farm buildings. It includes structures used for the on-farm processing of agricultural and horticultural commodities. Additionally, the bill extends the exemption to cover buildings used for the on-farm sale of maple syrup, honey, and beeswax. This change benefits farmers and agricultural businesses by reducing their property tax burden on these specific types of structures. The act takes effect one year after becoming law, applying to assessment rolls prepared on

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax exemption for farm buildings, reducing property tax burden on agricultural structures, aligning with tax relief indicators for businesses.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · New York · Senate Feb 26, 2026

S 3574: Relates to notification of a senior real property tax exemption

This bill requires local tax offices to send seniors two notices about renewing their real property tax exemption. It mandates an initial notice 60 days before the tax deadline and a second notice 30 days before if the renewal application hasn't been received. Seniors must submit a completed application by the deadline to maintain their exemption, and tax offices must notify them of approval or denial within three days of the assessment roll closing. This applies directly to seniors who previously qualified for the exemption and need to renew it annually.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnsures seniors maintain tax exemption through required notices, supporting tax relief for seniors.80% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · New York · Senate Feb 25, 2026

S 5501: Relates to creating a new acquisition fund for community land trusts located in New York state

Relates to creating a new acquisition fund for community land trusts located in New York state; provides that moneys of the fund shall be expended solely to carry out the affordable home ownership development program exclusively for community land trusts; defines community land trusts.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates new state fund for affordable housing program, explicitly allocating state moneys for community land trusts' development activities.95% confidence ✓ HousingSupports HousingCreates dedicated fund for community land trust affordable housing development, directly advancing affordable home ownership through funding.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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died · New York · Senate Feb 25, 2026

S 1529: Establishes a carbon farming tax credit for farmers

Establishes the carbon farming certification committee for the purpose of developing a certification framework, determining qualified carbon removal practices eligible for the carbon farming tax credit, and promulgating certification standards for qualified carbon removal practices; provides for the development of educational materials to encourage carbon farming by promoting farming practices which reduce, sequester and mitigate greenhouse gas emissions on land used in support of a farm operation; establishes carbon farming tax credits.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credit for carbon farming, providing direct tax relief to farmers, explicitly impacting state tax policy and revenue.95% confidence ✓ EnvironmentSupports EnvironmentBill provides tax credit for carbon farming to increase sequestration, directly reducing emissions and advancing climate goals through agricultural practices.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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died · New York · Senate Feb 24, 2026

S 2032: Establishes the previously owned zero-emission vehicles rebate program

Establishes the previously owned zero-emission vehicles rebate program to provide an incentive of an amount up to $2,000 for individuals who purchase used or previously owned zero-emission vehicles.

Topics ✓ Budget & TaxesSupports Budget & TaxesState-funded rebate program requires budget allocation, constituting new government spending to incentivize zero-emission vehicle purchases.85% confidence ✓ EnvironmentSupports EnvironmentBill provides $2,000 rebates for used zero-emission vehicle purchases, directly reducing transportation emissions and promoting clean energy adoption per environmental indicators.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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signed · New York · Senate Feb 13, 2026

S 8803: Relate to a real property tax exemption for veterans with a one hundred percent service connected disability

This bill creates a new property tax exemption for the primary residence of veterans with a 100% service-connected disability. It applies to veterans who were honorably discharged, have a 100% disability rating from the U.S. Department of Veterans Affairs, and meet specific criteria like permanent total disability or receipt of VA benefits. The exemption fully removes property taxes and special assessments for qualifying veterans' primary homes, in addition to existing tax benefits. The law takes effect for tax assessments dated October 1, 2026, and does not reduce a property's taxable value below zero.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates property tax exemption for veterans, reducing tax burden. Direct tax relief aligns with fiscal policy support for vulnerable groups.95% confidence ✓ VeteransSupports VeteransCreates property tax exemption for veterans with 100% service-connected disability, removing financial burden on primary residence and expanding tax benefits.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

signed · New York · Senate Feb 13, 2026

S 8783: Makes technical corrections relating to authorizing the Bedford Hills Fire District to file an application for exemption from school and real property taxes

Makes technical corrections relating to authorizing 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 & TaxesBill enables Bedford Hills Fire District tax exemption from school/real property taxes, providing direct tax relief for a government entity under fiscal management policy.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

signed · New York · Assembly Feb 13, 2026

A 9479: Relates to the mechanical insulation energy savings program

This bill establishes a program to help school districts and eligible public buildings (like housing or hospitals) with structures over 20,000 square feet reduce energy costs through mechanical insulation upgrades. It requires free, qualified energy audits to identify needed insulation work and provides competitive grants covering 50% to 75% of approved insulation costs for HVAC systems, piping, and equipment. Grants are issued on a first-come basis after an approved audit, with the program to be implemented within one year of enactment. The law defines specific requirements for qualified contractors and insulation standards to ensure energy savings.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides state grants covering 50-75% of insulation costs for public buildings, increasing government spending on infrastructure energy efficiency programs.95% confidence ✓ EducationSupports EducationBill provides grants for school district energy efficiency upgrades, reducing operational costs and supporting school infrastructure, a key aspect of education funding and facilities.85% confidence ✓ EnergySupports EnergyBill provides grants for insulation upgrades to reduce energy costs in public buildings, directly advancing energy efficiency through funding and mandatory audits.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

signed · New York · Assembly Feb 13, 2026

A 9514: Relates to the effectiveness of certain provisions relating to excluding certain food donations from sales tax

This bill extends the tax exemption for certain food donations until July 1, 2026. It directly affects food banks, restaurants, and grocers that donate surplus food, allowing them to continue avoiding sales tax on those donations during this period. The key change modifies the effective date of a 2025 tax law provision, aligning it with a prior legislative proposal and setting July 1, 2026, as the new deadline. This maintains the existing policy without altering the scope of eligible donations or tax treatment. The bill was recently passed by the Senate and returned to the Assembly for further consideration.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends tax exemption for food donations, providing tax relief to donors (food banks/restaurants) and maintaining existing fiscal support without altering scope.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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 | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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