This bill suspends specific taxes on motor fuel and diesel fuel from June 1, 2026, through December 31, 2026, directly affecting fuel distributors and retailers. During this period, the suspension covers various state excise taxes and sales taxes, requiring sellers to lower their prices by the exact amount of the tax reduction. Additionally, the state will transfer funds equal to the lost tax revenue into dedicated transportation trust funds to maintain financial support for mass transit and highway projects. The legislation also ensures that retailers who previously paid these taxes can receive refunds or credits for the overpayment during the suspension window.
Relates to appropriations to the Barker central school district following the cessation of operations of an electric generating facility located within such district; permits awards for a period of ten years for the loss of tax revenue.
This bill authorizes the Village of Johnson City to create and collect a tax on hotel and motel rooms within its borders. The legislation allows the village to set a rate of up to three percent on the daily rental cost of lodging, which applies to various types of accommodations including motels and boarding houses. While the tax revenue will go into the village's general fund for any lawful purpose, the law includes specific exemptions for government entities, non-profit organizations, and permanent residents staying for at least thirty consecutive days. The bill also outlines how the tax will be collected, administered, and legally reviewed, ensuring that the village can enforce the tax while providing avenues for dispute resolution.
Relates to appropriations to the Barker central school district following the cessation of operations of an electric generating facility located within such district; permits awards for a period of ten years for the loss of tax revenue.
This bill directs the County of Herkimer to deposit additional sales and compensating use tax revenue into its general fund rather than a special construction fund. The legislation modifies existing tax law to allow the county to use these tax collections for general purposes after paying expenses related to building correctional facilities. It applies to the period from December 1, 2027, through November 30, 2027, and affects only the Herkimer County government. The bill takes effect immediately upon passage.
Authorizes the issuance of a low potency cannabis beverage retail permit to licensed off-premises liquor and wine stores to allow the regulated sale of low potency cannabis single use beverages that contain no more than 5mg of THC manufactured by New York state adult-use licensees; provides for the allocation of low potency cannabis beverage tax revenue in the New York state cannabis revenue fund.
Authorizes the issuance of a low potency cannabis beverage retail permit to licensed off-premises liquor and wine stores to allow the regulated sale of low potency cannabis single use beverages that contain no more than 5mg of THC manufactured by New York state adult-use licensees; provides for the allocation of low potency cannabis beverage tax revenue in the New York state cannabis revenue fund.
Authorizes the issuance of a low potency cannabis beverage retail permit to licensed off-premises liquor and wine stores to allow the regulated sale of low potency cannabis single use beverages that contain no more than 5mg of THC manufactured by New York state adult-use licensees; provides for the allocation of low potency cannabis beverage tax revenue in the New York state cannabis revenue fund.
Relates to school property and real property taxes; establishes the blue ribbon commission on property tax reform; relates to state assistance for local real property reassessment, state assistance to assessing units within a school district, providing a fixed real property assessed value for residential real property owned by certain persons over the age of 65 and providing state reimbursement to municipalities for lost real property tax revenue; requires the state to fund certain programs mandated for municipal corporations or school districts.
Enacts the "securing customer assets against malfeasance" or "S.C.A.M." act; increases penalties for a scheme to defraud; broadens the definitions of commercial bribery and bribing a public servant; creates the crime of structuring; expands jurisdiction for tax revenue deprivation; increases penalties for defrauding the government and certain persons over the age of sixty-five.