Budget & Taxes

in committee · New York · Assembly May 26, 2026

A 11480: Provides for emergency appropriation for the period April 1, 2026 through May 28, 2026

This bill provides emergency funding to keep state government operations running from April 1, 2026, through May 28, 2026, until the regular annual budget is approved. It authorizes the Comptroller to spend money on paying state employees, covering both salaries and benefits, as well as paying for non-personal services like supplies and contracts. The legislation also allocates specific funds for approved contracts, grants, and capital projects, ensuring that ongoing business activities can continue without interruption during this interim period.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides emergency funding to keep state government operations running, directly advancing fiscal management and budget continuity.95% confidence

Sub-Topics Appropriations Audits & Accountability State Budget

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in committee · New York · Senate May 29, 2026

S 10519: Relates to the tangible property credit component of the brownfield redevelopment tax credit

Extends the tangible property credit component of the brownfield redevelopment tax credit for certain qualified sites which contain 40% open space and 25% affordable housing units.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill extends a tax credit for brownfield redevelopment, providing tax relief and encouraging investment in affordable housing and open space.85% confidence ✓ HousingSupports HousingBill extends tax credits for sites containing affordable housing units, directly funding and encouraging affordable housing development.90% confidence

Sub-Topics Tax Credits Affordable Housing Community Development

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passed · New York · Senate Jun 2, 2026

S 10609: Relates to personal income taxes in the city of New York

This bill updates New York City's personal income tax rates and expands the city's authority to set its own tax rules for residents. It allows the city to impose a sales tax on specific credit-related services, such as those provided by credit bureaus, while excluding services performed by licensed attorneys. Additionally, the bill establishes new tax brackets for individual filers, including married couples, heads of households, and unmarried individuals, effective for tax years beginning after 2029. The legislation also authorizes cities with over one million residents to adopt separate taxes on lump-sum income distributions and provides a framework for an additional surcharge on city taxable income.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill updates NYC income tax rates and expands city authority to set tax rules, directly addressing fiscal management and budget policy.85% confidence

Sub-Topics Fees & Licensing Income Tax Sales Tax

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signed · New York · Senate Aug 21, 2026

S 10295: Authorizes the village of New Hyde Park to file an application for exemption from real property taxes

Authorizes the village of New Hyde Park to file an application for exemption from real property taxes for a portion of the 2024-2025 assessment rolls and all of the 2025 general taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes tax exemption for a village, providing tax relief which aligns with supporting fiscal relief.85% confidence

in committee · New York · Assembly Apr 23, 2026

A 11040: Creates the non-partisan legislative budget office

Creates the non-partisan legislative budget office; directs such office shall provide information to legislative committees of the senate and assembly with respect to the state budget, appropriation bills and other bills providing budget authority or tax expenditures; requires such office to report to the temporary president of the senate, the senate minority leader, the speaker of the assembly and the assembly minority leader.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a non-partisan budget office to improve fiscal management and transparency, promoting responsible budget oversight.85% confidence

Sub-Topics Appropriations State Budget

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failed · New York · Assembly Jun 4, 2026

A 10889: Requires any state mandated program imposed on municipalities and school districts to be funded by the state

Requires that the state fund any program which imposes a mandate upon municipal corporations or school districts; establishes criteria for any exemption from such law if such mandate is ordered by the judiciary, pursuant to an executive order or requested by the locality; establishes the New York state mandate review council.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates state funding for programs imposed on localities, preventing unfunded mandates and promoting fiscal responsibility.90% confidence ✓ EducationSupports EducationBill mandates state funding for programs imposed on school districts, preventing unfunded mandates that would otherwise restrict educational resources.85% confidence

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in committee · New York · Senate Apr 28, 2026

S 10099: Relates to residential solar tax credits

Provides that for purposes of the solar energy system equipment credit, the definition of "solar energy system equipment" includes a portable solar generation device defined as a photovoltaic system and associated equipment that is designed to be connected to a residential building's electrical system through a standard electrical outlet.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands solar tax credits to portable devices, promoting renewable energy adoption and providing tax relief.85% confidence ✓ EnergySupports EnergyBill expands tax credits to include portable solar devices, directly promoting renewable energy adoption and clean energy infrastructure.95% confidence ✓ EnvironmentSupports EnvironmentBill expands tax credits for portable solar devices, promoting clean energy adoption and reducing reliance on fossil fuels.95% confidence ✓ TechnologySupports TechnologyBill expands access to renewable energy technology by defining portable solar devices for tax credits, promoting digital and green tech adoption.85% confidence

Sub-Topics Solar

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in committee · New York · Senate Apr 28, 2026

S 10100: Relates to reforming the industrial development authority program and adding a tax clearance process

Relates to reforming the industrial development authority program, authorizing the commissioner of taxation and finance to audit IDA projects and IDA agents and project operators with regard to the requirements and restrictions, requiring IDAs to post certain information on their websites, and requiring IDA members to comply with certain provisions of the public officers law; adds a tax clearance process.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill strengthens fiscal management by adding tax clearance and audit requirements, promoting accountability and closing potential loopholes in industrial development funding.85% confidence

Sub-Topics Audits & Accountability

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in committee · New York · Senate Apr 9, 2026

S 9876: Authorizes funding to local government entities from the urban development corporation

Authorizes funding to local government entities from the urban development corporation through the electric generation facility cessation mitigation fund for an additional three years.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly authorizes funding to local governments from a mitigation fund, directly strengthening fiscal capacity and supporting essential programs.90% confidence

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in committee · New York · Assembly Apr 10, 2026

A 10934: Provides motor fuel tax exemption for sales of diesel motor fuel made to commercial fishermen

Eliminates provisions of law that require the payment and subsequent refund of the ten cent diesel excise tax and sales tax on diesel motor fuel when sold to operators of commercial fishing vessels for use in the operation of such vessels.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill eliminates a tax burden on commercial fishermen, providing tax relief to support their operations.90% confidence

Sub-Topics Sales Tax Tax Incentives

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