Budget & Taxes

signed · New York · Assembly Jun 26, 2026

A 11358: Extends provisions of law relating to temporary investments by local governments

This bill extends the legal authority for local governments to make temporary investments until July 1, 2029. It amends existing state laws to update the expiration date for these investment rules, ensuring that funds invested under the current framework remain protected through the new deadline. The legislation applies immediately to local municipalities and includes a provision to maintain conditions for investments made before the act's original expiration date. By updating the timeline, the bill allows local officials to continue managing their surplus funds according to established guidelines for an additional three years.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill extends investment authority for local governments, promoting fiscal responsibility and protecting funds through updated timelines.85% confidence

in committee · New York · Senate May 29, 2026

S 10602: Authorizes the city of Glen Cove to impose a hotel and motel tax

This bill authorizes the city of Glen Cove in Nassau County to impose a new four percent tax on stays at hotels, motels, and similar lodging facilities. The tax applies to overnight guests but excludes permanent residents who stay for at least thirty consecutive days. Revenue collected from this tax will go into the city's general fund to be used for any lawful purpose. The legislation also outlines how the tax will be collected, including rules for filing returns and legal procedures for disputes or refunds.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes a new hotel tax, directly increasing city revenue for the general fund to support public services.95% confidence

Sub-Topics State Budget

Track

signed · New York · Assembly Apr 16, 2026

A 11000: Provides for emergency appropriation for the period April 1, 2026 through April 20, 2026

This bill provides emergency funding to keep state government operations running from April 1, 2026, through April 20, 2026, while waiting for the full annual budget to be passed. It allocates money to pay state employees' salaries, cover routine business expenses, and settle debts related to approved contracts and capital projects. The funds are distributed across all state departments and agencies to ensure that essential services continue without interruption during this short period.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides emergency funding to maintain state operations and pay employee salaries, directly supporting budget continuity.95% confidence

Sub-Topics Appropriations

in committee · New York · Senate May 13, 2026

S 10318: Establishes a tax credit for same-sex couples re-recording their property deeds to reflect a change in status from tenants in common or joint tenants with right of survivorship to tenancy by the entirety

Establishes a tax credit for same-sex couples who purchased residential property in the state prior to the legalization of same-sex marriage, were prohibited from recording the deed as tenants by the entirety, and who re-record the deed to reflect a change in status from tenants in common or joint tenants with right of survivorship to tenants by the entirety; provides for the repeal of such provisions upon the expiration thereof.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides a tax credit for same-sex couples re-recording deeds, offering direct fiscal relief and financial assistance.85% confidence ✓ HousingSupports HousingBill provides a tax credit to help same-sex couples re-record deeds as tenants by the entirety, strengthening property rights and housing security for this group.80% confidence

Sub-Topics Tax Credits

Track

in committee · New York · Senate May 15, 2026

S 10378: Authorizes fiscal reserve funds for institutions providing instruction to the deaf and blind

Authorizes fiscal reserve funds for institutions providing instruction to the deaf and blind beginning in the 2026-2027 school year; provides that an annual report shall be provided to the department by any institution that retains such funds.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes fiscal reserve funds for institutions serving the deaf and blind, directly increasing funding for essential public services.90% confidence ✓ EducationSupports EducationBill authorizes fiscal reserve funds for institutions serving deaf and blind students, directly expanding educational access and funding for specific populations.95% confidence

Track

in committee · New York · Senate Jul 8, 2026

S 10532: Authorizes Ulster county to establish a property tax offset by means of a resident income tax surcharge

Authorizes Ulster county to establish a property tax offset by means of a resident income tax surcharge; requires the Ulster county legislature to adopt a local law prior to imposing such surcharge.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a property tax offset via income tax surcharge, providing relief to property owners and promoting fiscal equity.85% confidence

Sub-Topics Fees & Licensing Income Tax Property Tax

Track

in committee · New York · Senate May 18, 2026

S 10521: Provides a tax exemption on real property owned by active auxiliary police officers in local law enforcement agencies in certain counties

Provides a tax exemption on real property owned by active auxiliary police officers in local law enforcement agencies in certain counties having a population of more than 1.38 million and less than 1.42 million, determined in accordance with the latest federal decennial census.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief by exempting real property taxes for auxiliary police officers, directly reducing their financial burden.90% confidence

Sub-Topics Tax Incentives

Track

in committee · New York · Senate Apr 15, 2026

S 9808: Creates a tax credit for certain animal expenses

This bill proposes a new tax credit for individuals who own up to two household pets, specifically dogs or cats kept primarily for companionship. The credit would cover actual costs associated with pet ownership, including medical care, veterinary visits, and everyday expenses like food, toys, and grooming supplies. Taxpayers could claim a maximum of $150 annually for everyday items and $300 for medical expenses per pet, with a total cap of $900 per household per year. To qualify, owners must provide proof of pet ownership and receipts for expenses, while the bill explicitly excludes pets used in research, breeding, or law enforcement work.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill introduces a tax credit for pet owners, providing direct tax relief and reducing individual tax liability.85% confidence

Sub-Topics Tax Credits

Track

in committee · New York · Senate Jun 5, 2026

S 9958: Allows municipalities to relieve property owners of penalties due to lack of payment if such property owner was a victim of property tax fraud

This bill allows local tax authorities to waive interest and penalties for property owners who were victims of property tax fraud. To qualify, owners must prove they were defrauded, such as through check fraud or mail theft, by submitting documents like affidavits, bank records, or police reports. The relief is limited to the time period the taxes were overdue due to the fraud and cannot exceed one year. Additionally, if the waived funds would have gone to another local government entity, that entity must agree to the cancellation. The law takes effect immediately upon passage.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief to fraud victims, protecting property owners from penalties and promoting fiscal fairness.85% confidence

Sub-Topics Property Tax

Track

signed · New York · Assembly Apr 20, 2026

A 11010: Provides for emergency appropriation for the period April 1, 2026 through April 22, 2026

This bill provides emergency funding to keep state government operations running from April 1, 2026, through April 22, 2026. The money is allocated to pay state employees, cover routine business expenses, and settle bills for contracts and capital projects approved before or after the start of the fiscal year. These funds support all state departments and agencies, including the executive branch, the legislature, and programs for people with disabilities. The legislation is intended to serve as a temporary financial bridge until the governor's regular annual budget bills are passed and signed into law.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides emergency appropriation to fund state operations, pay employees, and cover essential expenses, directly advancing fiscal management and government funding.90% confidence

Sub-Topics Appropriations