Budget & Taxes (Tax Credits)

in committee · New York · Assembly Jan 7, 2026

A 406: Establishes a tax credit for the purchase and installation of a security camera system on residential- and commercial-owned properties

Establishes a $500 tax credit for the purchase and installation of a security camera system on residential- and commercial-owned properties in a city having a population of one million or more persons.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides $500 tax credit for security camera systems, directly offering tax relief and impacting tax policy as a fiscal incentive.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 1995: Provides an asbestos remediation tax credit

Provides an asbestos remediation tax credit in Erie county; allows for a fifty percent credit of all eligible costs which are incurred as a result of asbestos remediation, not to exceed $1,000,000.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides 50% tax credit for asbestos remediation costs, reducing tax liability for eligible expenses within Erie County.95% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 3708: Directs a study on establishing a venture capital tax credit for investments to emerging diverse founding member businesses

Directs the comptroller and the commissioner of taxation and finance to undertake a study on the feasibility of establishing a venture capital tax credit for investments to emerging diverse founding member businesses.

Topics ✓ Budget & TaxesSupports Budget & TaxesProposes study for venture capital tax credit, a tax relief measure for businesses, aligning with support indicators for tax policy.85% confidence

Sub-Topics Audits & Accountability Tax Credits Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 2392: Establishes a child care program capital improvement tax credit program

Establishes a child care program capital improvement tax credit program for child care programs to provide financial assistance to New York's child care providers to facilitate the enhancement, expansion, and improvement of access to quality child care.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit to fund child care provider improvements, aligning with funding essential services through tax incentives95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 4454: Relates to establishing a first permanent payroll employee tax credit

Establishes a first permanent payroll employee tax credit which allows a business to receive a tax credit for the three years following the employment of such business' first permanent payroll employee where such credit equals a portion of the amount it costs to employ such permanent payroll employee.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes a tax credit for businesses, providing direct tax relief and reducing government tax revenue, aligning with tax policy support indicators.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 6695: Relates to amending the low income housing tax credit eligibility requirements

Amends the low income housing tax credit eligibility requirement to at least sixty percent of residential units be both rent-restricted and occupied by individuals whose income is one hundred twenty-five percent or less of area median gross income.

Topics ✓ Budget & TaxesSupports Budget & TaxesAmends tax credit eligibility to require 60% rent-restricted units for low-income households, directing tax incentives toward affordable housing programs.95% confidence ✓ HousingSupports HousingRequires 60% of units to be rent-restricted for ≤125% AMI, strengthening affordability criteria for low-income housing tax credits.92% confidence

Sub-Topics Tax Credits Tax Incentives Affordable Housing Historic Preservation Housing Finance

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in committee · New York · Senate Jan 7, 2026

S 917: Enacts the "credit for rural broadband act"

Enacts the "credit for rural broadband act"; provides for a refundable tax credit for costs paid for new construction of new broadband networks to residences and small businesses located in rural, unserved areas.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides refundable tax credit for rural broadband construction, offering tax relief to small businesses/residences in underserved areas, advancing fiscal support for infrastructure development.95% confidence ✓ TechnologySupports TechnologyProvides tax credit for rural broadband infrastructure, directly expanding internet access in unserved areas, aligning with technology policy goals of digital equity.95% confidence

Sub-Topics Tax Credits Broadband Access Telecommunications Tags Rural Communities

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in committee · New York · Assembly Jan 7, 2026

A 6460: Establishes a clinical preceptorship personal income tax credit for certain health care professionals who provide preceptor instruction to students

Establishes a clinical preceptorship personal income tax credit for certain health care professionals who provide preceptor instruction to students studying to be a health care professional.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax credit for healthcare professionals, reducing taxable income, aligning with tax relief indicators for targeted professions.85% confidence ✓ EducationSupports EducationProvides tax credit to health care professionals teaching students, supporting health care education programs and instructor participation.75% confidence ✓ HealthcareSupports HealthcareTax credit incentivizes healthcare professionals to train future workers, strengthening healthcare workforce development and improving access to services.92% confidence

Sub-Topics Income Tax Tax Credits

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failed · New York · Assembly Jan 7, 2026

A 4720: Relates to enacting the volunteer emergency services mileage reimbursement tax credit

Relates to enacting the volunteer emergency services mileage reimbursement tax credit; allows an active volunteer firefighter or a volunteer ambulance worker a credit equal to their reasonable mileage allowance owed for each mile actually and necessarily traveled by the volunteer firefighter or volunteer ambulance worker who utilizes their personal vehicle in the fulfillment of their emergency response duties.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a tax credit for volunteer emergency workers, providing direct tax relief for lower-income volunteers by reducing their tax liability for mileage expenses.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Senate Jan 7, 2026

S 1533: 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 & TaxesBill creates a 55% tax credit for green roof installations (max $5k), directly providing tax relief under fiscal policy. This aligns with 'provides tax relief' indicator.95% confidence ✓ EnergySupports EnergyBill promotes energy efficiency through green roof tax credit and establishes environmental standards for sustainable building infrastructure, aligning with clean energy investment indicators.92% confidence ✓ EnvironmentSupports EnvironmentRequires green roof standards and tax credit to promote environmental benefits like runoff management and pollution control.95% confidence

Sub-Topics Tax Credits Conservation

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