Budget & Taxes (Sales Tax)

in committee · New York · Senate Mar 24, 2026

S 1572: Enacts the "End Hedge Fund Control of New York Homes Act"

Imposes an excise tax on the failure of certain hedge funds owning excess single-family residences to dispose of such residences; establishes the housing down payment trust fund to provide funds to state housing finance agencies to establish new or supplement existing programs that provide down payment assistance to families purchasing homes within the state.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes excise tax on hedge funds to fund housing down payment assistance, directly allocating tax revenue to public housing programs.95% confidence ✓ HousingSupports HousingBill establishes down payment trust fund for homebuyers and taxes hedge funds holding homes, directly funding affordable housing programs.95% confidence

Sub-Topics Procurement Sales Tax Homeownership Housing Finance

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in committee · New York · Assembly Jun 13, 2025

A 7605: Extends the authorization granted to the county of Montgomery to impose an additional one percent sales and compensating use taxes

Extends the authorization granted to the county of Montgomery to impose an additional one percent sales and compensating use taxes to November 30, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends Montgomery County's sales tax authorization, sustaining revenue for local budget management without new tax burden.95% confidence

Sub-Topics Sales Tax

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in committee · New York · Assembly Jan 7, 2026

A 25: Repeals article 21 of the tax law relating to imposition of a highway use tax for the privilege of operating any vehicular unit upon the public highways

Repeals provisions relating to imposition of a highway use tax for the privilege of operating any vehicular unit upon the public highways of the state.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill repeals a highway use tax, providing tax relief by removing a revenue-generating provision from the tax law.95% confidence ✗ TransportationOpposes TransportationRepeals highway use tax, removing dedicated funding source for transportation infrastructure maintenance and projects, thus defunding transportation programs.85% confidence

Sub-Topics Sales Tax Roads & Highways Transportation Funding

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signed · New York · Assembly Aug 4, 2025

A 7745: Relates to Suffolk county sales and compensating use taxes

This bill extends Suffolk County's authority to impose an additional 1% sales and compensating use tax on top of its existing 3% rate, effective from June 2021 through November 2027. It directly affects residents and businesses in Suffolk County that pay sales tax, as the additional revenue will fund county services. The bill mandates that at least 1/8 (12.5%) and no more than 3/8 (37.5%) of the net collections from this tax must be allocated to public safety, with the remainder deposited into the county's general fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends 1% sales tax to fund county services, mandates 12.5% for public safety, increasing tax revenue allocation for public services.95% confidence

Sub-Topics Sales Tax State Budget

signed · New York · Senate Aug 7, 2025

S 7540: Extends the one percent increased county sales tax for Putnam county

Extends the one percent increased county sales tax for Putnam county for two years; requires one-ninth of such one percent increase in sales tax be allocated to towns and villages in such county.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends county sales tax increase (tax policy) and mandates allocation to towns/villages for local services, directly funding public infrastructure via tax revenue.95% confidence

Sub-Topics Sales Tax

in committee · New York · Assembly Jan 7, 2026

A 7302: Creates the Eastchester creek intermunicipal economic revitalization agency

This bill establishes the Eastchester Creek Intermunicipal Economic Revitalization Agency, a joint body for the city of Mount Vernon and village of Pelham Manor. It defines a specific geographic area (231 acres in Mount Vernon and a triangular zone in Pelham Manor) where the agency will operate to advance economic development. The bill authorizes Pelham Manor to adjust its local sales tax rate within this designated area to match Mount Vernon's rate, creating uniform tax treatment for businesses and residents in the shared zone. The agency must follow existing zoning laws and coordinate with both municipalities on land use decisions.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes uniform sales tax rate adjustment to promote economic development, aligning with fiscal management goals for the designated area.85% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 7628: Establishes a sales tax holiday for food and non-alcoholic beverages sold at certain establishments during the second full week of February and the third full week of August

Establishes a sales tax holiday for food and non-alcoholic beverages sold at a restaurant, diner, or cafe licensed under article twenty-C of the agriculture and markets law during the second full week of February and the third full week of August.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides temporary sales tax relief on essential food items, benefiting lower/middle income consumers during designated weeks.95% confidence

Sub-Topics Sales Tax

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in committee · New York · Senate Jan 7, 2026

S 8518: Imposes an excise tax on energy used in digital asset mining using proof-of-work authentication methods

Imposes an excise tax on any taxpayer engaged in the trade or business of digital asset mining; provides that taxes, interest, and penalties collected or received from such taxes shall be used for prompt assistance to utility customers enrolled in energy affordability programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes excise tax on digital asset mining to fund energy affordability programs for utility customers, directly allocating tax revenue to support public service funding.95% confidence ✓ EnergySupports EnergyTax revenue funds energy affordability assistance for utility customers, directly supporting consumer cost relief in energy services.85% confidence

Sub-Topics Sales Tax

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signed · New York · Senate Aug 7, 2025

S 3494: Extends the authorization of the county of Yates to impose an additional one percent of sales and compensating use taxes

This bill extends Yates County's authority to collect an additional 1% sales and use tax through November 30, 2027. It directly affects residents and businesses in Yates County that pay sales tax, as the county can continue using this extra tax rate beyond its previous expiration date. The key provision simply updates the expiration date in existing tax law to allow the county to maintain this revenue source for the extended period.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends county tax authority, maintaining revenue stream for local budget needs without altering rates or burden.90% confidence

Sub-Topics Sales Tax

in committee · New York · Senate May 27, 2025

S 5606: Extends the period during which the county of Herkimer is authorized to impose additional sales and compensating use taxes

This bill extends Herkimer County's authority to impose an additional 1% sales tax until November 30, 2027. The tax applies to all sales within the county and must be used exclusively for constructing new correctional facilities. Any remaining funds after construction costs are paid must be deposited into the county's general fund for other public purposes. The extension updates the existing tax authority that previously expired in 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends county sales tax authority to fund correctional facility construction, aligning with public spending priorities and fiscal management for essential infrastructure.95% confidence

Sub-Topics Sales Tax State Budget

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