Budget & Taxes (Tax Incentives)

in committee · New York · Assembly Jun 11, 2025

A 5619: Relates to the real property tax exemption for surviving spouses of volunteer firefighters or volunteer ambulance workers killed in the line of duty

Amends the real property tax exemption for surviving spouses of volunteer firefighters or volunteer ambulance workers killed in the line of duty to permit continuation of such exemption for volunteer members with service between two and five years.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends real property tax exemption for eligible surviving spouses, providing tax relief (directly supporting fiscal relief under taxation policies).90% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Jun 17, 2025

A 3480: Provides a tax exemption on real property owned by active auxiliary police officers in local law enforcement agencies in certain counties

Provides a tax exemption on real property owned by active auxiliary police officers in local law enforcement agencies in certain counties having a population of more than three hundred thirty-eight thousand and less than three hundred forty thousand, determined in accordance with the latest federal decennial census.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for auxiliary police officers, a form of tax relief for a public safety group, directly addressing taxation policy.95% confidence

Sub-Topics Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 5772: Relates to certain real property tax exemptions for fire districts, fire protection districts and ambulance districts

Eliminates the real property tax exemption for fire districts, fire protection districts and ambulance districts developed through industrial development agencies in certain counties.

Topics ✓ Budget & TaxesSupports Budget & TaxesEliminates tax exemption for fire districts, closing a tax loophole and increasing government revenue, aligning with fiscal responsibility.95% confidence

Sub-Topics Property Tax Tax Incentives

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failed · New York · Assembly Jan 7, 2026

A 3823: Includes land used for processing or retail merchandising of agricultural products within the real property tax exemption for land used in agricultural production

Includes land used for processing or retail merchandising of agricultural products within the real property tax exemption for land used in agricultural production.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands real property tax exemption to include agricultural processing/retail land, reducing tax burden on agricultural businesses.90% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Feb 5, 2025

A 2438: Establishes eligibility for a tax exemption on real property for enrolled members of ocean rescue squads in certain municipalities

Establishes eligibility for a tax exemption on real property for enrolled members of ocean rescue squads in certain municipalities; repeals a section of law relating to the eligibility of enrolled members of Southampton Village Ocean Rescue for a tax exemption on real property.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill grants tax exemption for ocean rescue members, providing tax relief and directly addressing taxation policy.90% confidence

Sub-Topics Tax Incentives

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signed · New York · Senate Feb 14, 2025

S 782: Relates to a tax exemption for enrolled members of a volunteer ocean rescue squad in certain municipalities

Provides eligibility for a property tax exemption for enrolled members of a volunteer ocean rescue squad in certain municipalities upon the adoption of a local law, ordinance or resolution.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides property tax exemption for volunteer rescue squad members, a form of tax relief aligning with support indicators for targeted tax relief.85% confidence

Sub-Topics Property Tax Tax Incentives

in committee · New York · Senate Jun 5, 2026

S 7875: Relates to the sales and use tax exemption for certain transactions in precious metal bullion held for investment purposes

Requires that sales tax exempt precious metal bullion shall be purchased by a bank, a foreign government, the U.N. or the state, federal or local government.

Topics ✓ Budget & TaxesSupports Budget & TaxesRestricts tax exemption eligibility to specific entities, closing potential loopholes and promoting fiscal responsibility by limiting tax revenue loss.90% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 8511: Relates to the sales and use tax exemption for certain transactions in precious metal bullion held for investment purposes

Requires that sales tax exempt precious metal bullion shall be purchased by a bank, a foreign government, the U.N. or the state, federal or local government.

Topics ✓ Budget & TaxesSupports Budget & TaxesRestricts tax exemption eligibility to specific entities, closing potential loopholes and increasing tax revenue for the state budget.90% confidence

Sub-Topics Sales Tax Tax Incentives

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signed · New York · Assembly Dec 5, 2025

A 3698: Relates to exemptions from real property taxes for senior citizens

Authorizes localities to provide for an additional real property tax exemption for senior citizens who meet the income eligibility limits and other criteria to the extent of sixty-five percent of the assessed valuation of such real property.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for seniors, reducing property tax burden for lower-income seniors per income eligibility criteria, aligning with tax relief indicators.90% confidence

Sub-Topics Property Tax Tax Incentives

in committee · New York · Senate Jan 7, 2026

S 3439: Makes various provisions to reform local development corporations and industrial development agencies: conflicts of interest, standard tax exemption policies, etc.

Makes various provisions to reform local development corporations and industrial development agencies: conflicts of interest, standard tax exemption policies, municipal input, more information to be made public, economic impact statements, public hearings, and payment of prevailing wages.

Topics ✓ Budget & TaxesSupports Budget & TaxesReforms tax exemption policies with transparency measures (public hearings, economic impact statements), aligning with closing loopholes and fiscal responsibility.75% confidence

Sub-Topics Tax Incentives

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