Budget & Taxes (Tax Credits)

in committee · New York · Assembly Apr 9, 2026

A 6607: Relates to the New York city musical and theatrical production tax credit

Extends provisions relating to establishing the New York city musical and theatrical production tax credit and establishing the New York state council on the arts cultural program fund; relates to the New York city musical and theatrical production tax credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends tax credit for NYC theater productions, providing tax relief and funding arts programs via state finance law.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 6506: Requires the commissioner of environmental conservation to establish standards for inspection and certification of green roofs and provides for a green roof installation credit

Requires the commissioner of environmental conservation to establish standards for and a program of inspection and certification of green roofs prior to and after installation, including standards for environmentally acceptable chemical fertilizers and the testing of runoff water for evidence of such fertilizers; establishes a green roof installation tax credit in the amount of fifty-five percent of qualified expenditures with a credit maximum of five thousand dollars.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes 55% tax credit for green roof installations, providing direct tax relief and incentivizing environmentally focused spending under fiscal policy.95% confidence ✓ EnergySupports EnergyBill promotes energy efficiency through green roof tax credits and certification standards, aligning with renewable energy infrastructure and building efficiency indicators.90% confidence ✓ EnvironmentSupports EnvironmentBill mandates green roof standards/testing and offers tax credit (55% up to $5k), promoting eco-friendly infrastructure that reduces runoff pollution and conserves resources.95% confidence

Sub-Topics Tax Credits Conservation

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in committee · New York · Assembly Jan 7, 2026

A 3306: Relates to creating a tax credit for small businesses which are required to have and maintain marine bulkheads

Creates a tax credit for small businesses which are required to have and maintain marine bulkheads for the full cost of such maintenance during the taxable year.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates direct tax credit for small businesses, providing fiscal relief and reducing tax burden per bill summary.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Senate Jan 7, 2026

S 3773: Relates to requiring a full paid work day off for registered voters on certain election days

Provides all registered voters on the day of the general election and the primary election in every even numbered year a full work day off without the loss of pay; provides a tax credit to small businesses who provide a paid day off to employees on general election day.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax credit to small businesses for paid election day off, offering tax relief as part of voter access policy.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentMandates paid time off for voting, protecting workers' rights and expanding employment benefits without pay loss during elections.95% confidence

Sub-Topics Tax Credits Paid Leave Tags Elections

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in committee · New York · Assembly Jan 7, 2026

A 1972: Relates to the calculation of the empire state child credit

Adjusts the calculation of the empire state child credit to provide for a one thousand dollar credit per qualifying child who is less than four years of age and a five hundred dollar credit per qualifying child who is four years of age or older for certain qualifying taxpayers.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides direct tax relief via increased child tax credits ($1,000/$500) for qualifying families, aligning with tax relief indicators for middle/lower income taxpayers.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 5586: Creates a quarterly advance payment schedule for the farm employer overtime tax credit

This bill creates a quarterly advance payment system for farm employers to receive part of their overtime tax credit earlier in the year. It allows farm employers to request payments for eligible overtime paid in three separate periods (January-March, April-June, July-September) by submitting applications to the Department of Agriculture and Markets by May 31, August 31, and November 30, respectively. The Department issues certificates for the advance payments, which employers then claim on their tax returns with specific deadlines (July 1, October 1, and January 1). This directly affects farm employers who pay overtime to workers, changing their tax credit payment schedule from annual to quarterly.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates advance tax credit payments for farm employers, reducing their tax liability - direct tax relief aligning with support indicators.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Senate Jan 7, 2026

S 5837: Increases the volunteer firefighters' and ambulance workers' credit

Senate Bill S 5837 increases the state tax credit available to active volunteer firefighters and ambulance workers. Beginning January 1, 2027, the individual credit will rise from $200 to $1,200 for resident taxpayers who have served for the entire taxable year. For two qualifying spouses filing a joint return, the credit will be $2,400. This bill also removes the previous restriction that prevented volunteers from claiming this credit if they also received a real property tax exemption for their service. The credit is refundable if it exceeds the taxpayer's tax liability.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit for volunteer firefighters, providing targeted tax relief for lower-income workers through expanded credit amounts.95% confidence

Sub-Topics Property Tax Tax Credits Tax Incentives

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in committee · New York · Senate Jan 7, 2026

S 1229: Establishes a sustainable aviation fuel tax credit

Establishes a sustainable aviation fuel tax credit at a rate of $1.25 per gallon, or $1.50 per gallon for sustainable aviation fuels made with domestically produced corn and/or soybeans; creates a certification process for aviation fuel as sustainable aviation fuel under NYSERDA; directs the NYS climate action council to incorporate the use of sustainable aviation fuel in its updated scoping plan.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax credit ($1.25-$1.50/gal) for sustainable aviation fuel, providing direct tax relief under state tax policy.95% confidence ✓ EnergySupports EnergyBill creates tax credit for sustainable aviation fuel (SAF), promoting renewable energy adoption and reducing fossil fuel dependence in aviation through direct financial incentives and climate plan integration.95% confidence ✓ EnvironmentSupports EnvironmentPromotes sustainable aviation fuel adoption via tax credit, reducing emissions and aligning with climate action council's goals.95% confidence ✓ TransportationSupports TransportationProvides tax credit for sustainable aviation fuel, directly promoting cleaner transportation infrastructure in aviation sector.95% confidence

Sub-Topics Tax Credits Airports Transportation Funding

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in committee · New York · Assembly Jan 7, 2026

A 2492: Increases the applicable percentage of the child tax credit allowed in the empire state child tax credit to forty-five percent

Increases the applicable percentage of the child tax credit allowed in the empire state child tax credit from thirty-three percent to forty-five percent; prescribes how such payment or refund should be made based on amount.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases child tax credit percentage from 33% to 45%, providing direct tax relief to families, aligning with support indicators for middle-income tax relief.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 2029: Relates to the volunteer firefighters' and ambulance workers' credit; repealer

Repeals the provision of law that volunteer firefighters and ambulance workers who receive a real property tax exemption for service may not receive the income tax credit for such service.

Topics ✓ Budget & TaxesSupports Budget & TaxesRepeals restriction preventing volunteer firefighters/ambulance workers from claiming income tax credit, providing tax relief for lower-income emergency service workers.95% confidence

Sub-Topics Income Tax Property Tax Tax Credits

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