Establishes the USDA construction tax credit for a percentage of the profit on any newly constructed home that is sold to someone qualifying with a USDA mortgage.
Repeals provisions relating to imposition of a highway use tax for the privilege of operating any vehicular unit upon the public highways of the state.
Provides a tax credit of up to five hundred dollars to individuals with disabilities for using transportation network companies to get to work and/or school.
Excludes the value of state forest preserve lands in the Adirondack and Catskill parks from use in the determination of state aid to school districts.
S 7906 modifies New York's college tuition tax credit by introducing a sliding scale based on income. It eliminates the credit entirely for married couples filing jointly with New York adjusted gross income over $15 million, and reduces it to 25% for those earning $7.5-$15 million. For single filers and heads of household, the credit phases out entirely above $10 million, with reductions at $1-$5 million and $5-$10 million income brackets. This change directly affects high-income New York taxpayers who claim the tuition credit, making it less accessible as their income increases.
This bill creates 10 regional grant programs across New York State for arts, cultural, and parks organizations. Each region (e.g., Long Island, NYC, Capital Region) will have a council appointed by the governor, assembly speaker, and senate president to distribute competitive grants for two specific purposes: improving accessibility (like ADA compliance) and sustainability (such as energy efficiency and waste reduction). Grants must be split equally between larger and smaller organizations in each region (over/under $10M budgets in NYC, over/under $5M elsewhere), and parks organizations cannot receive more than 50% of total grant funds annually. Organizations cannot receive grants more than once every three years.
This bill extends Suffolk County's authority to impose an additional 1% sales and compensating use tax on top of its existing 3% rate, effective from June 2021 through November 2027. It directly affects residents and businesses in Suffolk County that pay sales tax, as the additional revenue will fund county services. The bill mandates that at least 1/8 (12.5%) and no more than 3/8 (37.5%) of the net collections from this tax must be allocated to public safety, with the remainder deposited into the county's general fund.
This bill (A 2627) creates a state program to help municipalities improve water quality in lakes managed by local lake associations. The program requires the environmental department to work with municipalities and lake associations to identify water quality issues, determine solutions, and establish best practices, plus provide grants for remedial actions. It directly affects municipalities and lake associations managing water bodies within their communities, with funding dependent on annual appropriations. The bill establishes a new grant program but does not change existing water quality laws.
This bill creates a tax deduction for homeowners in cities with a population of one million or more. It allows them to deduct costs paid for repairing sidewalk violations on sidewalks adjacent to their property. The deduction applies to expenses incurred during the taxable year, covering repairs required to address code violations. Only homeowners in large cities qualify under this provision.
Increases the income thresholds for eligibility for the senior citizen and disabled person property tax exemptions; applies to any local law, resolution or ordinance amended or adopted on and after the effective date of this act.