Budget & Taxes (Sales Tax)

in committee · New York · Senate Jan 7, 2026

S 7014: Relates to businesses with fewer than twenty employees

This bill exempts the first $50,000 of taxable income for businesses employing 20 or fewer employees. It amends tax law to create this exemption, applying to all such businesses regardless of industry. The provision takes effect for tax years beginning January 1, 2027. It directly affects small businesses meeting the employee threshold by reducing their initial tax liability.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts small businesses (≤20 employees) from first $50k taxable income, reducing tax liability and aligning with tax relief support indicators.95% confidence

Sub-Topics Business Taxes Sales Tax Tax Incentives Tags Small Business

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in committee · New York · Senate Jan 7, 2026

S 6933: Relates to exemptions from sales and use tax for books, candy, pictures, posters, trinkets, or any item containing a logo, collectable or seasonal item sold at a book fair or program

Relates to exemptions from sales and use tax for books, candy, pictures, posters, trinkets, or any item containing a logo, collectable or seasonal item sold at a book fair or program.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill exempts books, candy, and related items sold at book fairs from sales tax, providing tax relief that aligns with supporting fiscal policies for community and educational events.95% confidence

Sub-Topics Sales Tax

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in committee · New York · Senate Jan 7, 2026

S 1442: Increases the tax exemption amount on clothing and apparel items from one hundred ten dollars to two hundred fifty dollars

This bill increases the sales tax exemption for clothing and footwear from $110 to $250 per item. It directly affects consumers purchasing clothing, shoes, or related repair items under $250, who will no longer pay sales tax on these items. The key provision amends the tax law to raise the exemption threshold, meaning shoppers pay tax only on items priced above $250. This change applies to all qualifying clothing and footwear purchases within the state.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax exemption threshold, providing sales tax relief on essential clothing for lower-income consumers, aligning with tax relief indicators.95% confidence

Sub-Topics Business Taxes Procurement Sales Tax

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in committee · New York · Assembly Mar 24, 2026

A 6876: Relates to exempting school supplies from sales tax during a specified period each year

This bill exempts basic school supplies from sales tax during a 15-day period each year, specifically the 15 days preceding Labor Day (starting 15 days before the first Monday in September). It covers items like backpacks, textbooks, pens, paper, and calculators purchased for under $110 each. The exemption applies only to purchases made during this designated window, not year-round. This directly affects families buying school essentials before the new academic year begins.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts school supplies from sales tax, providing temporary tax relief for families buying essentials before school. Aligns with tax relief for middle/lower income, a key support indicator.95% confidence ✓ EducationSupports EducationExempts school supplies from sales tax during back-to-school season, reducing costs for families purchasing essentials like textbooks and calculators, directly improving educational access.95% confidence

Sub-Topics Sales Tax

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passed · New York · Senate May 7, 2026

S 664: Relates to assessment and taxation of lessees and users of certain tax exempt property

Subjects to taxation the possessory interest of a private individual or corporation which uses real property owned by the United States or the state, except for real property owned by public authorities, for business purposes; excludes private property where the use is for a concession available to the general public located on property, such as parks, available for the use of the general public.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax base by taxing business users of tax-exempt property, generating additional state revenue without targeting middle/lower income.95% confidence

Sub-Topics Business Taxes Property Tax Sales Tax

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in committee · New York · Senate Jan 7, 2026

S 2374: Provides for funding for the consolidated local street and highway improvement program

This bill redirects 4% of online sales tax revenue - including taxes collected from marketplace providers like Amazon - to fund local street and highway projects through the CHIPS program. It requires the comptroller to deposit these funds into a dedicated infrastructure account before distributing other tax funds. The program directly supports local governments undertaking road and highway improvements, using revenue generated from online retail transactions. The funding mechanism is effective January 1, 2026, and expires three years later. (Note: CHIPS = Consolidated Local Street and Highway Improvement Program.)

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects 4% of online sales tax revenue to fund infrastructure projects via dedicated account, directly allocating tax funds to public works programs.95% confidence ✓ TransportationSupports TransportationRedirects 4% online sales tax to fund local street/highway projects via CHIPS program, directly advancing transportation infrastructure funding.95% confidence

Sub-Topics Audits & Accountability Revenue Sales Tax Roads & Highways Transportation Funding

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in committee · New York · Senate Jan 7, 2026

S 833: Provides an exemption for drugs and medicines for companion and farm animals

This bill creates a tax exemption for drugs and medicines used to treat illnesses in companion animals (like pets) and farm animals (like livestock), as defined by New York's Agriculture Law. It requires local governments (cities, counties, school districts) to actively adopt this exemption through local law or resolution - meaning they must choose to implement it rather than it applying automatically. The exemption applies to veterinary medicines and related supplies, reducing tax burdens for pet owners and farmers who purchase these products. Local jurisdictions can choose to include or exclude this exemption from their tax policies, with specific rules for implementation timing.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax exemption for veterinary medicines, reducing tax burden on pet/farm animal care, aligning with tax relief support indicator.95% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · New York · Senate Mar 11, 2026

S 636: Creates a sales and use tax exemption for school buses and related items

This bill (S 636) adds a sales tax exemption for school buses and their operational items, directly affecting school districts and bus operators. It removes sales tax on school buses (as defined in vehicle law), plus parts, equipment, lubricants, and fuel used to operate them. The exemption takes effect on April 1, 2026, and requires tax law updates to implement. School districts will save on these purchases starting in 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts school buses from sales tax, reducing costs for public school districts and promoting fiscal responsibility in education funding.95% confidence ✓ EducationSupports EducationTax exemption for school buses and operational items reduces costs for school districts, increasing available funds for education infrastructure and operations.90% confidence ✓ TransportationSupports TransportationExempts school buses from sales tax, reducing operational costs for school transportation services, directly supporting transportation funding and infrastructure maintenance.90% confidence

Sub-Topics Business Taxes Sales Tax Tax Incentives School Transportation Public Transit

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