Budget & Taxes (Tax Incentives)

in committee · New York · Assembly Jan 7, 2026

A 6127: Relates to providing a tax exemption for volunteer firefighters and volunteer ambulance workers

Relates to providing a tax exemption for volunteer firefighters and volunteer ambulance workers in a county with a population of more than 250,000 and less than 500,000 persons.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax exemption for volunteer firefighters/ambulance workers, directly offering tax relief under taxation policy per topic description.95% confidence

Sub-Topics Tax Incentives

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in committee · New York · Assembly Jun 10, 2025

A 3729: Establishes a real property tax exemption for surviving spouses of police officers killed in the line of duty

Bill A 3729 would provide a 50% exemption from real property taxes on the primary residence of surviving spouses of police officers killed in the line of duty. Local governments would need to pass a law or resolution to implement this exemption, which applies to primary homes including certain cooperative housing arrangements. Eligibility requires proof the officer died while on duty, verified through documentation like death certificates or service records. This policy change directly affects surviving spouses of fallen officers by reducing their property tax burden.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for surviving spouses, reducing property tax burden per bill's 50% real property tax relief provision95% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Senate Jan 7, 2026

S 6706: Relates to providing a tax exemption for volunteer firefighters and volunteer ambulance workers

Relates to providing a tax exemption for volunteer firefighters and volunteer ambulance workers in a county with a population of more than 250,000 and less than 500,000 persons.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for volunteer first responders, reducing their tax burden - aligns with tax relief for lower-income groups in fiscal policy.95% confidence

Sub-Topics Tax Incentives

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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 May 7, 2026

A 5959: Provides for direct-pay tax abatement credits for solar electric generating systems and electric energy storage systems in connection with eligible buildings

Provides for direct-pay tax abatement credits for solar electric generating systems and electric energy storage systems in connection with eligible buildings; provides such eligible properties shall include: 501(c)(3) corporations, associations, organizations or trusts and income-restricted affordable housing properties.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax abatement credits for solar systems in affordable housing and nonprofits, offering tax relief for lower-income housing and green energy initiatives.95% confidence ✓ EnergySupports EnergyProvides tax credits for solar and storage systems, directly promoting renewable energy adoption and clean energy infrastructure investment.95% confidence ✓ EnvironmentSupports EnvironmentProvides tax credits for solar/energy storage systems, directly promoting clean energy adoption and reducing carbon emissions per bill's focus on renewable infrastructure.95% confidence ✓ HousingSupports HousingBill explicitly includes income-restricted affordable housing properties as eligible for tax abatement credits, directly funding affordable housing development.95% confidence

Sub-Topics Tax Incentives Energy Storage Solar Affordable Housing Property Taxes

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in committee · New York · Senate Jan 7, 2026

S 6804: Relates to imposing a commercial vacancy tax

Imposes a commercial vacancy tax on vacant or abandoned commercial storefronts located in a city with a population of one million or more of one percent of the assessed value of the property.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes new tax revenue source on vacant commercial properties, directly increasing state budget revenue without specified exemptions.95% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 3852: Relates to the tax exemption of capital improvements to residential buildings

This bill increases the maximum tax exemption for capital improvements (like renovations or additions) to residential buildings from $80,000 to $168,000 in most areas. It directly affects homeowners who make significant upgrades to their properties, allowing them to exclude more of the increased property value from real estate taxes. The exemption limit remains at $750,000 for non-city special assessing units. The change applies to improvements made after the bill takes effect, raising the cap without altering how the exemption amount is calculated.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax exemption cap for residential renovations, providing direct tax relief to homeowners by excluding more property value from real estate taxes.95% confidence

Sub-Topics Property Tax Tax Incentives

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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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in committee · New York · Assembly Jan 7, 2026

A 5884: Expands eligibility for tax abatement for rent-controlled and rent regulated property occupied by persons with disabilities

Expands eligibility for tax abatement for rent-controlled and rent regulated property occupied by persons with disabilities to include individuals who do not meet the non-medical qualifications for SSDI and SSI but, by reason of the individual's disability, the individual is not able to engage in substantial gainful activity as that term is defined by the federal social security administration.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax abatement eligibility for disabled renters, providing tax relief. Directly addresses tax policy to support vulnerable population through reduced property tax burden.95% confidence ✓ HousingSupports HousingExpands tax abatement for disabled tenants in rent-regulated housing, enhancing affordability and tenant protections for a vulnerable group.95% confidence

Sub-Topics Tax Incentives Property Taxes Renters

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in committee · New York · Assembly Sep 8, 2025

A 3409: Authorizes real property taxing jurisdictions to grant a partial tax exemption for property purchased by a clinician in a clinician shortage area

Authorizes real property taxing jurisdictions to grant a partial tax exemption for property purchased by a clinician in a clinician shortage area, as determined by the commissioner of health, which will be such clinician's primary residence and they will practice in such shortage area; provides state aid to taxing jurisdictions which grant the exemption to the extent of the tax savings provided to clinicians.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides partial property tax exemption for clinicians in shortage areas with state aid, offering targeted tax relief while maintaining fiscal balance for jurisdictions.95% confidence ✓ HealthcareSupports HealthcareProvides tax incentives to attract clinicians to shortage areas, improving healthcare access and workforce availability in underserved regions.95% confidence ✓ HousingSupports HousingProvides tax exemption for clinicians' primary residences in shortage areas, increasing affordability for healthcare workers and indirectly supporting housing access in underserved regions.85% confidence

Sub-Topics Tax Incentives

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