Budget & Taxes (Tax Credits)

in committee · New York · Assembly Jan 7, 2026

A 3192: Establishes a credit against income tax for service dogs

This bill creates a state income tax credit for taxpayers who pay for necessary expenses related to service dogs, such as food, veterinary care, training, and boarding. It allows a credit of up to $1,000 per year against income tax for qualified service dog costs, as defined by civil rights law. Unused portions of the credit can be carried forward to future tax years, but the annual limit remains $1,000. The credit applies to taxable years beginning January 1, 2025, and directly affects residents who rely on service dogs for disability-related needs.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates $1,000 annual income tax credit for service dog expenses, providing direct tax relief to qualifying residents under fiscal policy.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · New York · Senate Jan 7, 2026

S 5864: Establishes a tax credit for rent paid on the personal residence of certain taxpayers

Establishes a tax credit for rent paid on the personal residence of certain taxpayers who lease the taxpayer's primary residence during the taxable year and who pay rent with respect to such residence in excess of thirty percent of such taxpayer's gross income for such taxable year.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for renters paying >30% of income in rent, offering tax relief to lower/middle-income households per bill summary.95% confidence ✓ HousingSupports HousingTax credit for renters paying >30% of income on rent directly supports affordable housing affordability for low-income tenants.90% confidence

Sub-Topics Business Taxes Tax Credits Property Taxes Renters Tenant Rights

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in committee · New York · Senate Feb 13, 2025

S 4882: Increases the amount of geothermal energy systems tax credits

This bill increases tax credits for individuals installing geothermal energy systems. It allows a 25% credit on qualified expenses, raising the annual cap to $5,000 for systems installed before June 30, 2025, and $10,000 for systems installed on or after July 1, 2025. Additionally, it makes excess credits refundable for low-to-moderate income taxpayers or those in designated disadvantaged communities starting in 2026, treating unused credits as tax overpayments. The credit can also be carried forward for up to five years if it exceeds annual tax liability.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credits for geothermal systems, making excess credits refundable for low-to-moderate income taxpayers and disadvantaged communities, providing targeted tax relief.95% confidence ✓ EnergySupports EnergyIncreases tax credits for geothermal systems, promoting renewable energy adoption through financial incentives and refundability for low-income households.95% confidence ✓ EnvironmentSupports EnvironmentPromotes clean geothermal energy adoption via tax credits, reducing fossil fuel reliance and emissions per bill's incentives for renewable systems.95% confidence

Sub-Topics Tax Credits

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passed · New York · Senate Jun 5, 2025

S 6756: Relates to the definition of business entity; and relates to the allowance and application of the newspaper and broadcast media jobs tax credit

Includes not-for-profit corporations and public television or radio corporations in the definition of business entity; allows such entities to claim the newspaper and broadcast media jobs tax credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax credit eligibility to non-profits/public media, providing targeted tax relief for media jobs under tax policy.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 6033: Establishes a tax credit for direct support professionals and direct care workers

Establishes a tax credit for individuals who serve or are employed as a direct support professional, or direct care worker, up to five thousand dollars for taxpayers who make less than fifty thousand dollars and phased out for individuals who make over one hundred thousand dollars.

Topics ✓ Budget & TaxesSupports Budget & TaxesTax credit for low/middle-income workers reduces their tax burden, aligning with fiscal support indicators for middle/lower income tax relief.95% confidence ✓ HealthcareSupports HealthcareTax credit for direct care workers strengthens healthcare workforce stability and access to essential services, aligning with healthcare support indicators.85% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProvides tax credit up to $5k for low-income direct care workers, increasing take-home pay and supporting wage standards for vulnerable workforce.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 637: Relates to creating a tax credit for the adoption of household pets from animal shelter or humane society

Creates a tax credit for the adoption of household pets from animal shelters or humane societies; up to $100 per animal with a maximum of three household pets.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates a tax credit (reducing taxable liability) for pet adoption, directly providing tax relief under tax policy.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Senate Jan 7, 2026

S 4312: Relates to combat veteran tax credit for entrepreneurs

Grants a combat veteran tax credit for entrepreneurs to provide a five hundred dollar tax credit to combat veteran entrepreneurs who create a business in New York state.

Topics ✓ Budget & TaxesSupports Budget & TaxesGrants $500 tax credit to combat veteran entrepreneurs, providing direct tax relief that alignates with supporting fiscal policies for targeted groups.95% confidence ✓ VeteransSupports VeteransProvides $500 tax credit to combat veteran entrepreneurs, directly supporting veteran business ownership and economic opportunities as a benefit expansion.95% confidence

Sub-Topics Tax Credits Tax Incentives Veteran Education Veteran Employment Veteran Mental Health

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in committee · New York · Senate Jan 7, 2026

S 1143: Provides affordable and accessible dependent care options for working families

Provides affordable and accessible dependent care options for working families by including qualified in-home and backup care expenditures paid or incurred with respect to the taxpayer's employees working in the state in the employer- provided child care credit criteria; makes technical corrections to make such credit independent of the federal employer-provided child care credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands employer child care tax credit, providing tax relief for working families through employer incentives90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill expands employer-provided dependent care benefits, supporting working families' access to childcare, a key worker benefit.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Senate Jan 7, 2026

S 3527: Relates to enacting the volunteer emergency services mileage reimbursement tax credit

Relates to enacting the volunteer emergency services mileage reimbursement tax credit; allows an active volunteer firefighter or a volunteer ambulance worker a credit equal to their reasonable mileage allowance owed for each mile actually and necessarily traveled by the volunteer firefighter or volunteer ambulance worker who utilizes their personal vehicle in the fulfillment of their emergency response duties.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for volunteer emergency workers' mileage, offering tax relief aligned with supporting fiscal policies for lower-income volunteers.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Senate Jan 7, 2026

S 6120: Establishes a tax credit for the purchase of personal protective equipment (PPE) by employers

This bill creates a tax credit for small businesses in the state with 500 or fewer employees who buy personal protective equipment (PPE) like masks, gloves, or face shields for their workers. Employers can claim a credit of up to $5,000 per year toward the cost of qualifying PPE purchases. Unused credit amounts can be carried forward to future tax years. The credit applies to the taxable year the bill takes effect and all subsequent years.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides direct tax relief to small businesses through a refundable credit, reducing their tax burden for essential PPE purchases.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentTax credit for employer PPE purchases directly improves workplace safety protections for workers, aligning with Labor & Employment safety standards.95% confidence

Sub-Topics Business Taxes Tax Credits

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