Provides for a partial exemption from taxation of certain residential real property transferred by a governmental entity, nonprofit housing organization, land bank or community land trust to low-income households; sets forth conditions for the discontinuance of such exemption.
Relates to apportioning aid for career in education in school districts located in a city with a population between 62,000 and 65,000 or between 67,000 and 70,000 as recorded in the 2010 census.
Establishes a tipped employee minimum wage tax credit; provides the amount of the credit shall be equal to the tip allowance for miscellaneous industry workers.
Amends the 2024 capital projects budget to allow competitive grants to include funding for safety and security projects at small businesses at risk of hate crimes or attacks.
Requires the establishment of a legislative child care facility for use of members and staff of the legislature to be located in a part of the empire state plaza complex that has legislative offices and to be contracted by a private child care provider; makes an appropriation therefor.
Establishes the "New York public banking act"; authorizes municipal and other local governments to form and control public banks through the ownership of capital stock or other ownership interests, and to loan or grant public funds or lend public credit to such public banks for the public purposes of achieving cost savings, strengthening local economies, supporting community economic development, and addressing infrastructure and housing needs for localities.
Enacts the climate and community investment act; prioritizes the allocation of public investments in disadvantaged communities; addresses climate change challenges through the expansion and growth of clean and renewable energy sources; adopts best value requirements for the solicitation, evaluation and award of renewable energy projects; establishes a community just transition program; establishes a climate pollution fee and a household and small business energy rebate; creates the climate and community investment authority.
This bill allows Yeshivas Nachlas Sofrim Inc. to apply for retroactive property tax exemption on its Ramapo, New York property (66 Highview Road) for 2022-2023 tax years. If approved by the town assessor and Ramapo Town Board, the organization can receive refunds for taxes paid on those years, including cancellation of related penalties or interest. The bill authorizes the town to treat the application as if filed on time, correcting past tax rolls. It directly affects only this specific religious institution and its property tax obligations for the 2022-2023 assessment period.
This bill (A 7812) creates a new five-member oversight board to manage the Metropolitan Transportation Authority’s (MTA) finances and projects. The board, appointed by the governor with input from legislative leaders, must approve all new MTA projects and financing before they proceed. It requires proof of sufficient funding (including revenue projections or collateral) and must coordinate with the state comptroller before approving projects. This directly affects the MTA’s ability to fund infrastructure, protect bondholder confidence, and prevent future fiscal crises.
Establishes the shovel-ready housing program under which certain municipalities, at their option, may pre-authorize parcels of property for the construction of housing; establishes a shovel-ready community tax rebate for taxpayers residing in municipalities that opt-in to the shovel-ready housing program; provides for annual apportionment to municipalities that have certified participation in the shovel-ready housing program.
