Budget & Taxes

in committee · New York · Senate Jan 7, 2026

S 7084: Provides for the application of the veterans' real property tax exemptions in the city of New York

This bill modifies New York State's veterans' property tax exemptions specifically for New York City (population over 1 million). It reduces the maximum annual tax exemption for veterans' primary residences from 15% (capped at $12,000) to 6% (capped at $4,800), and lowers the combat-zone service exemption from 10% (capped at $8,000) to 4% (capped at $3,200). It also cuts the exemption limit for property purchased using veterans' funds from $5,000 to $2,000. These changes apply only to New York City residents who qualify as veterans under state law. The bill does not create new exemptions but adjusts existing ones for the city's largest population center.

Topics ✗ Budget & TaxesOpposes Budget & TaxesReduces veterans' property tax exemptions, increasing tax burden and decreasing government spending on tax relief.95% confidence ✗ VeteransOpposes VeteransReduces veterans' property tax exemption caps from 15%/$12k to 6%/$4.8k and cuts other exemptions, directly weakening benefits.95% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 3242: Repeals the metropolitan commuter transportation mobility tax

Repeals the metropolitan commuter transportation mobility tax; requires the commissioner of taxation and finance to review and recommend to the governor, the temporary president of the senate, and the speaker of the assembly any other provisions of law which require amendments or repeal thereof.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill repeals a specific tax, directly reducing government revenue and weakening the tax structure it targets.95% confidence ✗ TransportationOpposes TransportationRepeals a transportation mobility tax, removing a dedicated funding source for transit programs, aligning with defunding indicators per bill's explicit focus on transportation tax repeal.95% confidence

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in committee · New York · Assembly Jan 7, 2026

A 6126: Prohibits certain levies, charges, taxes or assessments on any property which uses private well water or a septic system where a municipal or joint water or sewer district exists or is established

Prohibits a city, town, village or of a joint water district from imposing certain levies, charges, taxes or assessments on a property which uses private well water for its water supply; prohibits a city, town or village from imposing certain levies, charges, taxes or assessments on a property which uses a septic system for treatment of waste water.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill prohibits local taxes/fees on properties using private wells/septic systems, restricting municipal tax authority under Budget & Taxes topic.95% confidence

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in committee · New York · Senate Jan 7, 2026

S 3284: Relates to prohibiting industrial development agencies from incentivizing movements within the state

Prohibits industrial development agencies from incentivizing movements within the state where any plant, facility, or personnel of the project occupant are abandoned or removed.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill prohibits industrial development agencies from using incentives (a fiscal tool) that could lead to abandonment, restricting government spending on such programs and limiting fiscal risk.85% confidence

Sub-Topics Tax Incentives Tags Economic Development

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signed · New York · Senate Aug 21, 2026

S 8263: Authorizes the Congregation Khal Mevakshei Hashem, Inc. to receive retroactive real property tax exempt status

Authorizes the Congregation Khal Mevakshei Hashem, Inc. to receive retroactive real property tax exempt status for the 2024 assessment roll and all of the 2023-2024 school taxes.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill grants retroactive tax exemption for specific entity, reducing state revenue and weakening budget revenue collection.90% confidence

Sub-Topics Property Tax

failed · New York · Assembly Jan 7, 2026

A 7350: Enacts the "make the MTA safe again act"

Enacts the "make the MTA safe again act" to suspend state funding to the metropolitan transportation authority and New York city transit authority pending safety compliance and until an independent forensic audit is conducted and completed.

Topics ✗ Budget & TaxesOpposes Budget & TaxesSuspends state funding to MTA/NYC Transit until safety compliance, defunding essential public transit services.95% confidence ✗ TransportationOpposes TransportationSuspends state funding to MTA/NYC Transit pending safety compliance, directly defunding transportation authorities as a condition.95% confidence

Sub-Topics Audits & Accountability

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in committee · New York · Assembly Jan 7, 2026

A 4106: Disregards the federal child tax credit in calculating an individual taxpayer's federal adjusted gross income

Disregards any amount included in an individual taxpayer's federal adjusted gross income as a result of the federal child tax credit for purposes of calculating an individual taxpayer's federal income tax deduction.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill removes tax credit from state tax calculation, increasing burden on families eligible for federal child tax credit.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 2281: Relates to exempting cranes from the petroleum business tax

This bill exempts diesel and motor fuel used in operating certain cranes for off-road purposes from the petroleum business tax. It directly affects businesses that operate cranes, such as construction and manufacturing companies, by removing a tax on fuel used in their crane operations. The key provision adds a new tax exemption for "cranes" including mobile, hydraulic, crawler, floating, telescopic, gantry, and tower cranes. The change would take effect 90 days after enactment, altering the tax law to exclude this specific fuel use.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill exempts crane fuel from petroleum tax, reducing state tax revenue and weakening the tax base.90% confidence

Sub-Topics Business Taxes Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 6467: Increases the sale price threshold for food and drink sold in vending machines for purposes of being exempt from certain taxation

This bill raises the price threshold for food and drink sold in vending machines to remain tax-exempt. It increases the current limit from $1.50 (for coin-only machines) and $2.00 (for other payment methods) to $3.00 and $3.50, respectively. Vending machine operators selling items below these new prices will continue to avoid certain taxes. The change applies to all food, drink, and bottled water sold through vending machines, directly affecting businesses that operate them. The bill takes effect immediately upon enactment.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExpands tax exemption for vending sales, reducing state tax revenue and weakening fiscal management by lowering taxable income.90% confidence

Sub-Topics Sales Tax

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in committee · New York · Senate Jan 7, 2026

S 1872: Repeals certain provisions establishing a fee for background checks on certain firearm and ammunition purchases and amends the source of funds for the background check fund accordingly

Repeals certain provisions establishing a fee for background checks on certain firearm and ammunition purchases; removes such fees as a source of funds for the background check fund.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRemoves fee funding source for background check fund, defunding a specific program by eliminating a revenue stream.95% confidence

Sub-Topics Fees & Licensing

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