Budget & Taxes

signed · New York · Senate Aug 7, 2025

S 7127: Extends the authorization of the county of Hamilton to impose an additional one percent of sales and compensating use taxes

This bill extends Hamilton County's authority to collect an additional 1% sales and use tax until November 30, 2027. It updates a 2013 tax authorization (originally set to expire in 2025) to extend the deadline by two years. The tax applies to most retail sales within Hamilton County, affecting local businesses and consumers who pay this additional tax on purchases. The change modifies existing tax law to maintain the county's current revenue source for public services.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends existing sales tax authority to maintain county revenue for public services, directly supporting fiscal management and ongoing funding continuity.90% confidence

Sub-Topics Sales Tax

in committee · New York · Senate Jan 7, 2026

S 6808: Relates to increasing the taxes imposed on distributors of beers and to directing revenue generated from such taxes be deposited to the credit of SUNY and CUNY

Relates to increasing the taxes imposed on distributors of beers and to directing revenue generated from such taxes be deposited to the credit of SUNY and CUNY; increases such taxes to thirty cents per gallon.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases beer distributor tax to fund SUNY/CUNY public universities, directly allocating revenue to public education funding.95% confidence

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in committee · New York · Assembly Jan 7, 2026

A 598: Provides affordable and accessible dependent care options for working families

Provides affordable and accessible dependent care options for working families by including qualified in-home and backup care expenditures paid or incurred with respect to the taxpayer's employees working in the state in the employer provided child care credit criteria; makes technical corrections to make such credit independent of the federal employer-provided child care credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands employer tax credit for dependent care, providing tax relief to working families through state-level credit independent of federal system.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentExpands employer-provided child care credit, reducing costs for working families and supporting workforce retention through accessible dependent care benefits.95% confidence

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in committee · New York · Assembly Jan 7, 2026

A 7308: Establishes a sustainable aviation fuel tax credit

Bill A 7308 establishes a tax credit for producers of sustainable aviation fuel (SAF) sold in the state for flights departing within the state. Starting January 1, 2025, producers can claim $1 per gallon, increasing by two cents for each additional one percent reduction in carbon dioxide emissions above 50%, up to a maximum of $2 per gallon. To be eligible, producers must obtain a certificate from the New York State Energy Research and Development Authority (NYSERDA). The bill defines SAF as liquid fuel derived from renewable or waste sources, excluding palm or petroleum, that achieves at least a 50% lifecycle greenhouse gas emission reduction. The total amount of tax credits issued annually is capped at $30 million, and any credit exceeding a taxpayer's liability will be refunded.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for SAF producers, providing tax relief to incentivize sustainable aviation fuel production and reduce emissions.95% confidence ✓ EnergySupports EnergyBill provides tax credit for sustainable aviation fuel (SAF) producers, incentivizing renewable energy production and carbon reduction in aviation, directly advancing clean energy infrastructure.95% confidence ✓ EnvironmentSupports EnvironmentTax credit for SAF producers with emission-based incentives directly promotes cleaner aviation fuel and reduces CO2 emissions per bill summary.95% confidence ✓ TransportationSupports TransportationBill provides tax credits for sustainable aviation fuel producers, directly promoting cleaner transportation infrastructure and emissions reduction in aviation, a key transportation sector.95% confidence

Sub-Topics Tax Credits Oil & Gas Climate Change Airports Transportation Funding

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in committee · New York · Senate Jan 7, 2026

S 4085: Relates to establishing and funding the universal basic income pilot program; appropriation

Relates to establishing and funding the universal basic income pilot program; requires the comptroller to establish a universal basic income pilot program to provide 10,000 participants with income of $7,200 for individuals or $14,400 for couples per year for two years; establishes participant criteria; requires a study on the program one year after its conclusion; makes an appropriation therefor.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly appropriates state funds to establish a universal basic income pilot program, directly funding a new government initiative under budget management.95% confidence

Sub-Topics Audits & Accountability

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failed · New York · Assembly Jan 7, 2026

A 295: Provides that state departments, offices, agencies, and authorities are prohibited from imposing any fees, surcharges, or taxes that have not been approved

Provides that state departments, offices, agencies, and authorities are prohibited from imposing any fees, surcharges, or taxes that have not been approved by the state legislature.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates legislative approval for fees/taxes, promoting fiscal accountability and preventing unauthorized spending per Budget & Taxes topic indicators.90% confidence

Sub-Topics Fees & Licensing

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in committee · New York · Senate Jan 7, 2026

S 1674: Creates a tax credit for employers who help reduce higher education loans of their employees

This bill creates a tax credit for New York employers who pay down their employees' undergraduate student loan debt. Employers can claim a credit equal to the amount they pay toward an employee's federal, state, or institutional undergraduate loan debt (including interest), up to $10,000 per employee annually. The credit applies to loans related to undergraduate programs and covers both principal and interest payments. It directly affects employers who choose to assist employees with student debt and employees who receive this financial support.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for employers reducing student debt, providing tax relief per bill's explicit tax credit mechanism.95% confidence ✓ EducationSupports EducationBill reduces undergraduate student debt burden via employer tax credits, directly expanding higher education affordability and access for employees.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProvides employer tax credit for reducing employee student debt, enhancing financial stability and expanding non-wage worker benefits per Labor & Employment topic description.85% confidence

Sub-Topics Tax Credits Student Financial Aid

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in committee · New York · Senate Jan 7, 2026

S 4383: Provides a tax credit for qualified caregiving expenses

S 4383 creates a New York State tax credit for residents who pay for qualified caregiving expenses for eligible family members. It directly affects New York residents with a combined income under $150,000 (or $75,000 individually) who provide unpaid care to a family member needing assistance with daily living activities (like bathing or eating) and living in New York. The credit covers up to 50% of qualifying expenses - such as home health services, adult day care, or home modifications - capped at $3,500 annually per family. The credit is limited to $35 million total per year, allocated on a first-come, first-served basis, and expires after 2028.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for middle-income caregivers (under $150k income), directly reducing tax burden per NY State policy.95% confidence ✓ HealthcareSupports HealthcareProvides tax credit for home health services and caregiving expenses, directly improving access to healthcare support for vulnerable populations.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 1632: Provides a tax credit for certain durable medical equipment

Provides a tax credit for certain durable medical equipment equal to fifty percent of the cost to purchase and install durable medical equipment in a residence.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides 50% tax credit for medical equipment, offering tax relief aligning with support for middle/lower income tax relief policies.90% confidence ✓ HealthcareSupports HealthcareProvides tax credit for durable medical equipment, improving patient access to essential healthcare devices by reducing out-of-pocket costs.92% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 5, 2026

A 2130: Repeals the tax exempt status of private universities that receive real property tax exemptions of one hundred million dollars or more

Repeals the tax exempt status of private universities that received real property tax exemptions of one hundred million dollars or more during the prior fiscal year.

Topics ✓ Budget & TaxesSupports Budget & TaxesRepeals tax exemptions for universities with >$100M exemptions, closing a loophole to increase state revenue and promote fiscal responsibility.95% confidence

Sub-Topics Property Tax

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