Maddy summaryThis bill creates a tax credit for businesses that recycle bivalve mollusk shells (like oyster and clam shells). Taxpayers can claim a credit of up to $1,000 or 10 cents per pound of certified shells donated to DEC-permitted organizations for oyster reef restoration. The credit applies to taxable years starting January 1, 2025, and cannot reduce taxes below the minimum required amount. It directly affects businesses recycling shells who partner with DEC-approved groups restoring coastal habitats.
Asm. David Weprin
Sponsored bills
Requires fashion sellers to carry out environmental due diligence for the portions of their business related to wearing apparel, footwear or fashion bags, including wearing apparel, footwear or fashion bags produced as a private label; establishes a fashion remediation fund.
Directs the department of financial services, in consultation with the department of transportation to conduct a study and prepare a report on the fair market value of labor rates for services covered under motor vehicle insurance policies.
Discontinues the real property tax exemption for certain real property that is used for home games for certain professional sports teams in New York city beginning with the 2026 assessment roll.
Maddy summaryThis bill requires New York City's department to repair curbs and curb cuts within 90 days of a homeowner's request submitted via 311 or the city website. It directly affects owners of one-, two-, or three-family homes who can request repairs. If the city misses the 90-day deadline, homeowners may hire a licensed contractor and receive a property tax credit covering the reasonable repair costs. The law sets clear timelines and financial recourse for residents, updating existing curb repair responsibilities.
Maddy summaryThis bill directs New York's Superintendent of Financial Services to study title insurance premium rates and related service charges. The study must analyze current rates, identify ways to lower them, and examine additional fees added to customer bills. The superintendent must submit a report to the governor and legislature within one year, but the bill itself does not change rates or fees - only requires the study. It affects title insurance customers and providers across New York State.
Maddy summaryThis bill creates the New York Title Guaranty Authority, a new state agency designed to provide title guaranties for real property transactions across New York. It directly affects property owners, buyers, and real estate professionals by offering financial protection against title defects (such as ownership disputes or liens) that could derail property sales. The authority will be governed by a seven-member board appointed by the governor (with two members recommended by the Senate President and two by the Assembly Speaker) and can issue bonds to fund the program while managing reserves. It operates as a public benefit corporation with specific investment rules to ensure financial stability, but does not alter existing title insurance regulations or costs for consumers.
Maddy summaryThis bill changes who appoints members to New York City's Water Board. It specifies that the mayor appoints four members, the city council speaker appoints one, the comptroller appoints one, and the public advocate appoints one. All appointments require confirmation by the city council, and the board must include at least one member with water resource science experience. The bill also sets two-year terms (with some initial one-year terms) and prohibits current city employees from serving.
Authorizes cities and towns, except a city with a population of one million or more, to establish community housing funds; authorizes such cities and towns to impose a real estate transfer tax with revenues to be deposited in such funds; makes related provisions.
Requires public agencies to establish preliminary license application procedures to determine whether an applicant for a license would be ineligible for such license based on criminal history; establishes time frames for public agencies to respond to such applications; requires public agencies to report information regarding granting licenses annually.