Budget & Taxes

in committee · New York · Assembly Jan 30, 2026

A 2067: Requires that any bill which provides revenue to the state in a non-recurring manner shall pass by a two-thirds majority in order to become law

This bill amends the state constitution to require a two-thirds majority vote in both legislative chambers for any bill that provides the state with one-time or temporary funding (non-recurring revenue), such as a one-time tax or asset sale. It directly affects the legislative process for passing budget-related bills that generate revenue outside of regular annual appropriations. The key provision changes the voting threshold from a simple majority to two-thirds for these specific bills, while maintaining existing requirements for bill printing and final passage. This would make it harder to pass one-time revenue measures without broader bipartisan support. The bill is currently pending in committee review.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires two-thirds vote for non-recurring revenue bills to promote fiscal responsibility and prevent hasty budget decisions90% confidence

Sub-Topics Debt & Bonds Revenue State Budget

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in committee · New York · Assembly Jan 30, 2026

A 6357: Requires two-thirds vote of legislature for any change in tax rates, budget bills and appropriations

Requires approval by 2/3 vote of membership of the senate and assembly voting separately to increase or decrease any tax rate, impose a new state tax, extend or delete existing state tax.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires 2/3 vote for tax/budget changes, promoting fiscal responsibility through higher consensus thresholds.95% confidence

Sub-Topics State Budget

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in committee · New York · Senate Jan 7, 2026

S 4481: Creates an adoption tax credit

This bill creates a state tax credit for adoptive parents. It allows New York resident taxpayers to claim a credit equal to 50% of qualified adoption expenses (such as fees, court costs, and attorney fees) up to $10,000 per adoption. Any unused credit amount can be carried forward to future tax years. The credit applies to taxable years beginning January 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for adoptive parents, providing tax relief and aligning with support indicators for budget/tax policy.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 4564: Relates to directing any moneys derived from new or increased taxes to reduce local real property taxes

This bill requires that money collected from new or higher state taxes (after its effective date) be deposited into a special fund. Each city, village, or town receives a share of these funds based on its property value relative to the state total. The funds must be used directly to reduce local property tax levies, lowering bills for homeowners and businesses in those municipalities. The first payments begin April 1, 2026, and are distributed annually.

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects new state tax revenue to lower local property taxes, providing direct tax relief for homeowners and businesses.95% confidence

Sub-Topics Property Tax

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in committee · New York · Senate Feb 3, 2026

S 3922: Requires two-thirds vote of legislature for any change in tax rates, budget bills and appropriations

Requires approval by 2/3 vote of membership of the senate and assembly voting separately to increase or decrease any tax rate, impose a new state tax, extend or delete existing state tax.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRequires 2/3 vote for tax changes, restricting legislative flexibility on tax rates and new taxes, aligning with 'oppose' stance.95% confidence

Sub-Topics Audits & Accountability Business Taxes State Budget

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in committee · New York · Senate Jan 7, 2026

S 7186: Prohibits the sale of tax liens by a tax district in a city with a population of one million or more

This bill prohibits tax districts in New York City (population over 1 million) from selling delinquent tax liens. It amends New York State tax law and New York City's administrative code to ban these sales, effective January 1 after enactment. The law directly affects NYC's tax collection practices by preventing the sale of unpaid property tax debts to private entities or the state bond bank. This is a specific policy change targeting tax lien sales in the largest city, with no exceptions for municipal collection methods.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBans tax lien sales, restricting a government revenue stream and altering fiscal management practices in NYC's tax collection.95% confidence ✓ HousingSupports HousingProhibits tax lien sales that could lead to property foreclosures, protecting homeowners and tenants from displacement in affordable housing.80% confidence

Sub-Topics Property Tax Property Taxes

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in committee · New York · Senate Jan 7, 2026

S 2347: Creates a small business grid renewable energy tax credit

Creates a small business renewable tax credit; provides the term "business related renewable energy usage" shall refer to renewable power usage used to further the economic activity of the taxpayer at the primary business location that is clearly delimited from any shared renewable energy power usage cost.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a tax credit for small businesses using renewable energy, providing direct tax relief which aligns with supporting tax relief for businesses under Budget & Taxes.95% confidence ✓ EnergySupports EnergyBill creates tax credit for small business renewable energy usage, directly promoting renewable adoption per its explicit language and title.95% confidence ✓ EnvironmentSupports EnvironmentBill creates tax credit for small business renewable energy usage, directly promoting clean energy adoption and reducing reliance on non-renewable sources, aligning with environmental protection goals.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Renewable Energy Tags Small Business

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signed · New York · Senate Aug 21, 2026

S 6047: Permits the town of Monroe to impose a hotel and motel tax

This bill authorizes the town of Monroe to impose a 5% tax on hotel, motel, and bed-and-breakfast room rentals (excluding guests staying 90+ consecutive days as "permanent residents"). It specifies that revenue must be collected by Monroe's fiscal officer and deposited into the town's general fund for any lawful purpose. The tax would expire automatically three years after enactment, with no application to government entities or qualifying nonprofits. The measure directly affects short-term lodging businesses and guests within Monroe, not other municipalities.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes Monroe to impose 5% hotel tax for town general fund revenue, directly creating new tax revenue for local budget management.92% confidence

Sub-Topics State Budget

in committee · New York · Assembly Jan 7, 2026

A 1926: Provides for a personal income tax deduction for school supplies paid for out-of-pocket by K-12 teachers in public and nonpublic schools, up to $500 per year

Provides for a personal income tax deduction for school supplies paid for out-of-pocket by K-12 teachers in public and nonpublic schools, up to $500 per year.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax deduction for teachers' out-of-pocket school supplies, reducing taxable income - direct tax relief for middle-income educators under Budget & Taxes framework.95% confidence ✓ EducationSupports EducationProvides tax deduction for teacher supplies, reducing out-of-pocket costs and supporting educators in K-12 education.95% confidence

Sub-Topics Income Tax K-12 Education Teachers

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in committee · New York · Senate Apr 28, 2026

S 721: Enacts the "educator expense assistance act"

This bill creates a new tax deduction for K-12 educators. Eligible educators (those teaching at least 900 hours per year in public or private elementary/secondary schools) can deduct up to $300 annually as a single filer or $600 as a married couple filing jointly (with each spouse limited to $300). The deduction covers out-of-pocket work-related expenses like professional development courses, books, supplies, computer equipment, and supplementary materials (athletic supplies are specified for health/physical education courses). It amends tax law to add this provision, effective immediately upon enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax deduction for educators, reducing taxable income for middle-income teachers, aligning with tax relief indicators95% confidence ✓ EducationSupports EducationProvides tax deductions for educators' work expenses, directly supporting teachers financially through reduced out-of-pocket costs for professional materials.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProvides tax deduction for educators' work-related expenses, reducing financial burden and supporting employment costs within Labor & Employment framework.95% confidence

Sub-Topics Income Tax K-12 Education Teachers

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