This bill creates a new instant lottery scratch-off game called the "veterans' benefit game," with all proceeds funding scholarships for veterans through New York's Veterans Tuition Awards Program. The lottery tickets must clearly state that profits support veterans, and the generated funds will be placed into a dedicated "Veterans' Education and Scholarship Fund" managed by the state education department and comptroller. The fund will provide scholarship money directly to the New York State Higher Education Services Corporation to administer the veteran tuition program. This establishes a permanent funding source for veteran education benefits through state lottery revenue.
Expands the eligibility of the brownfield redevelopment tax credit; reduces the population numbers to make more qualified sites eligible for such tax credit.
This bill creates a new tax deduction for K-12 educators, allowing them to deduct up to $300 annually (or $600 for married couples filing jointly, with $300 each) for unreimbursed work-related expenses. It directly affects teachers, counselors, principals, and aides who worked at least 900 hours during a school year. Eligible expenses include professional development, books, supplies, computer equipment, and supplementary materials (with specific rules for health/physical education supplies). The deduction is added to the tax code as a concrete policy change, effective immediately upon enactment.
This bill extends Beacon's existing authority to collect a hotel and motel tax for two additional years, directly affecting hotels and motels operating in Beacon and the city itself, which relies on this revenue. It modifies the expiration date of the tax authorization from 2026 to August 23, 2028, ensuring the tax can continue without needing new legislation. The key change is simply extending the current tax authority period, allowing Beacon to maintain this revenue stream through 2028. The bill does not alter the tax rate, scope, or how funds are used.
Increases tax credits for donations to food pantries made by farmers by increasing the allowable percentage of the fair market value of such donations and increasing the maximum amount of such credit.
Authorizes the Merrick Hook & Ladder Co. 1 fire company receive retroactive real property tax exempt status for the property located at 1893 Oakwood Ave, hamlet of Merrick, town of Hempstead, county of Nassau.
Establishes the Center for Autoimmune and Blood Disorder Research; allows for collaboration among medical professionals to provide insights and approaches to understanding autoimmune and blood disorder diseases and improving treatment methods; makes an appropriation therefor.
This bill allows the village of Greenport, New York, to impose a 5% tax on hotel and motel room rentals for stays shorter than 90 consecutive days. It does not apply to permanent residents (staying 90+ days) or to certain exempt entities like government agencies and nonprofit organizations. The village would collect the tax through its chief fiscal officer, with all revenue deposited into the village’s general fund for any lawful purpose. The tax is set to expire three years after enactment.
Establishes a tax credit for commercial trucks entering into the central business district for all additional tolls charged on trips into the central business district after the first entry per day.
Establishes the New York rural growth fund tax credit and the New York rural growth fund; provides that individuals who develop a business plan to invest in rural business in New York and have successfully solicited private investors to make capital contributions in support of such business plan may apply to the department of economic development for certification as a rural business growth fund; provides that if approved, tax credits shall be issued in an aggregate amount equal to seventy percent of the eligible investment authority; defines terms; provides for penalties; requires reporting.
Sub-Topics
Tax Credits
Tags
Economic Development
Rural Communities