Budget & Taxes (Tax Credits)

in committee · New York · Assembly Jan 7, 2026

A 2702: Relates to anatomical gifts

Relates to the tax credit for organ and tissue donors; allows persons fourteen and fifteen years old to register to make an anatomical gift with parental notification; requires certain tax documents to include organ donation check box (Part A); directs the commissioner of education to make recommendations to the board of regents relating to the adoption in instruction in high schools of information relating to blood, bone marrow and organ and tissue donations (Part B); relates to education requirements for physicians and nurses relating to organ and tissue donation and recovery (Part C); relates to state agency mandatory inquiry provisions (Part D); requires coroners and medical examiners to develop a protocol for making referrals of deaths that fall under their jurisdiction and occur outside of a hospital to the federally designated organ procurement organization (Part E).

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax credit for organ donors, a form of tax relief aligning with fiscal support indicators.85% confidence ✓ HealthcareSupports HealthcareBill promotes organ donation through tax credits, minor registration with parental consent, and educational programs, advancing transplant access and public health initiatives.90% confidence

Sub-Topics Procurement Tax Credits Hospitals Substance Abuse

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in committee · New York · Assembly Jan 7, 2026

A 5930: Relates to qualification for and establishment of a building construction, demolition and repair work insurance credit

Authorizes a building construction, demolition and repair work insurance tax credit for certain qualifying insurance premium payments for personal injury liability insurance and property damage liability insurance.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates a tax credit for insurance premiums, providing direct tax relief to qualifying businesses under the insurance industry.92% confidence

Sub-Topics Tax Credits

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in committee · New York · Senate May 27, 2025

S 4818: Relates to curb repair in the city of New York

This bill requires New York City to repair curbs to specified standards and sets a 90-day deadline for completing repairs after a homeowner request. It directly affects owners of one-, two-, or three-family homes who report curb issues via NYC 311 or the city website. If the city fails to repair within 90 days, homeowners can hire a licensed contractor and receive a property tax credit covering the reasonable repair costs. The law applies to curb repairs only, not other sidewalk or infrastructure work.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax credit for homeowner curb repairs, offering direct tax relief under fiscal management and aligning with tax relief indicators.95% confidence

Sub-Topics Property Tax Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 1492: Relates to low or moderate income housing projects

Relates to low or moderate income housing developments; allows local zoning boards of appeals to approve affordable housing developments; provides for an appeals process to the division of housing and community renewal; creates a state zoning board of appeals within the division to hear such appeals; directs the division to conduct a study to integrate low income housing tax credit applications with the zoning application process under this act.

Topics ✓ Budget & TaxesSupports Budget & TaxesIntegrates low-income housing tax credit applications with zoning, facilitating tax credit access for affordable housing development.90% confidence ✓ HousingSupports HousingBill enables zoning approvals for affordable housing projects, creates state appeals process, and integrates tax credit applications - directly advancing housing development access.95% confidence

Sub-Topics Tax Credits Affordable Housing Property Development Zoning

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in committee · New York · Assembly Jan 7, 2026

A 5705: Establishes a tipped employee minimum wage tax credit

Establishes a tipped employee minimum wage tax credit; provides the amount of the credit shall be equal to the tip allowance for miscellaneous industry workers.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for tipped workers, reducing tax burden on lower-income earners per tax relief indicator90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill establishes tax credit equal to tip allowance, ensuring tipped workers receive full minimum wage, strengthening wage protections for labor.90% confidence

Sub-Topics Tax Credits Minimum Wage

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in committee · New York · Assembly Jan 7, 2026

A 4448: Relates to the employee training incentive program

This bill increases the tax credit for eligible employee training costs from 50% to 70% under the employee training incentive program, capping the credit at $10,000 per employee trained. It directly affects businesses that participate in the program by allowing them to claim a larger tax credit for qualifying training expenses. The key change modifies the credit calculation in the economic development law, expanding the percentage of eligible training costs covered. This policy change provides businesses with greater financial incentive to invest in employee training programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases business tax credit for employee training from 50% to 70%, providing direct tax relief and incentivizing workforce development under economic development law.95% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · New York · Assembly Jan 7, 2026

A 2295: Extends eligibility for the agricultural property tax credit to farmers having a leasehold interest of not fewer than five years in qualified agricultural property

Extends eligibility for the agricultural property tax credit to farmers having a leasehold interest of not fewer than five continuous years in qualified agricultural property.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends agricultural tax credit eligibility, providing tax relief to qualifying farmers. Directly advances tax policy within Budget & Taxes topic.95% confidence

Sub-Topics Property Tax Tax Credits

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in committee · New York · Assembly Sep 8, 2025

A 3238: Establishes a returning veterans tax credit for businesses that hire veterans and disabled veterans

Establishes a returning veterans tax credit for businesses that hire veterans and disabled veterans; provides that such tax credit is worth $3,000 per veteran hired or $4,000 for every disabled veteran hired and the total benefit shall not exceed $15,000 annually.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates targeted tax credit ($3k-$4k per veteran hired) reducing business tax liability, aligning with tax relief indicators for supporting workforce programs.95% confidence ✓ VeteransSupports VeteransBill provides tax credits ($3k-$4k per veteran) to businesses hiring veterans/disabled veterans, directly supporting veteran employment opportunities.95% confidence

Sub-Topics Tax Credits Veteran Employment

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in committee · New York · Senate Jan 7, 2026

S 3694: Establishes the work opportunity tax credit for businesses with fifty employees or less for hiring a long term unemployed person

Establishes the work opportunity tax credit for businesses with fifty employees or less for hiring a long term unemployed person; provides a credit shall be allowed of up to $2,400; provides the total amount of credit provided statewide shall not exceed fifteen million dollars.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax credit for small businesses hiring long-term unemployed, reducing tax burden - aligns with tax relief indicator for support.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill provides tax credit to businesses hiring long-term unemployed, directly advancing employment opportunities and supporting workforce reintegration.95% confidence

Sub-Topics Tax Credits

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in committee · New York · Assembly Jan 7, 2026

A 4583: Relates to providing a re-entry employment incentive tax credit

Relates to providing a re-entry employment incentive tax credit for taxpayers who hire individuals convicted of a felony in the last five years and who have been released from a correctional facility or are serving a period of post-release supervision in the last five years.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for businesses hiring formerly incarcerated individuals, reducing taxable income and aligning with tax relief initiatives to support employment programs.95% confidence ✓ Criminal JusticeSupports Criminal JusticeTax credit incentivizes hiring formerly incarcerated individuals, reducing recidivism through employment-based re-entry support.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentIncentivizes hiring formerly incarcerated individuals, expanding employment opportunities for a vulnerable workforce group.85% confidence

Sub-Topics Tax Credits

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