Requires property/casualty insurance policies to state the types and causes of damage that are covered by such policy; requires such information to be provided at or near the beginning of such policy.
Maddy summaryThis bill creates tax-advantaged savings accounts for small businesses, allowing them to deduct contributions (up to 10% of prior year's gross profits) and receive tax-free distributions during qualifying economic hardship. It directly affects eligible small businesses with 25 or fewer average full-time employees and under $250,000 annual net income. Key provisions include requiring hardship distributions to fund worker hiring or job retention, setting annual limits on qualified distributions, and mandating reinvestment plans for hardship withdrawals. The tax exemptions for contributions and qualified distributions begin in 2025, with penalties for misusing funds.
Provides for the taxation of all lands owned by the state, exclusive of the improvements erected thereon by the state, in the city of Beacon and the town of Fishkill in Dutchess county.
Requires the candidate certification required to be eligible for voluntary public financing to be submitted no later than thirty days after the last day to file designating petitions if another candidate for the same position files a designating petition, or no later than thirty days after the last day to file independent nominating petitions, if a candidate files an independent nominating petition for the same position; provides for the withdrawal by a candidate from the public financing program.
Maddy summaryBill A 5043 amends election law to allow voters to submit absentee ballot applications in person at their local election board up to and including election day. Previously, such applications had to be received by the day before the election. This change directly affects voters who prefer in-person submission and need to apply for absentee ballots on short notice. The key mechanism extends the deadline for in-person applications from 10 days before the election to election day itself.
Creates a wholesale prescription drug importation program which complies with federal standards and regulations for the purpose of generating substantial savings for consumers.
Authorizes the New York state energy research and development authority to administer a program to provide grants or loans for the costs related to enabling switching residences with propane or fuel-oil heating systems to efficient electric heat pumps.
Enacts The New Deal for CUNY; increases the ratio of faculty and mental health counselors to full-time students; requires that certain amounts of tuition be replaced by federal, state, and city funds.
Prohibits the public service commission from approving a rate increase that entails a return on equity for capital projects that is above the prevailing ten-year treasury rate plus one percent.
Maddy summaryThis bill requires employers with 20 or more full-time permanent employees to create a written workplace violence prevention program. The program must include specific measures to address risks like abusive conduct and bullying, such as conflict resolution training and clear reporting systems. Employers must provide annual training to all employees on identifying, reporting, and preventing workplace bullying and abusive conduct, including how to use safety procedures and access the prevention program. It directly affects covered employers across New York State and applies to all workplace settings where such risks exist. The law mandates these changes to reduce incidents of workplace violence and improve employee safety.
