Maddy summaryThe bill imposes a tax on New York residents with $1 billion or more in net assets (total assets minus debts) by calculating gains as if their assets were sold at market value on December 31, 2024. Taxable gains apply only to the value exceeding $1 billion, capped at 25% of that excess. Taxpayers may pay the full amount or in ten annual installments with an annual deferral charge based on estimated borrowing rates. It covers assets owned directly, through trusts, or held by family members, including those donated within five years.
Asm. Catalina Cruz
Sponsored bills
Permits a school food authority to attribute moneys spent on purchases of food products from New York state farmers, growers, producers or processors made for its school breakfast program to the thirty percent of costs for school breakfast, snack and lunch service programs.
Provides that certain communications made without malice regarding an incident of sexual assault, harassment or discrimination shall be deemed privileged; provides that a prevailing defendant in an action brought against such defendant for making a communication that is privileged shall be entitled to attorney's fees and costs for such defense.
Establishes a private right of action for tenants alleging a failure to keep and maintain self-closing doors; allows for a court to award compensatory damages, reasonable attorney's fees and court costs and issue an order to the owner of the building to remedy any issue with such doors.
Maddy summaryThis bill restricts the location of new cannabis retail stores and on-site consumption facilities. It prohibits new licenses for storefronts within 500 feet of school grounds (including all entrances/exits in mixed-use buildings) and within 200 feet of houses of worship (including all entrances/exits in mixed-use buildings). These rules apply only to new licenses issued after the bill's effective date. The law directly affects cannabis businesses seeking to open new locations in the state.
Relates to an increase in punishment for certain actions against on-duty auxiliary police officers such as criminally negligent homicide, assault or menacing of such officer.
Provides that possession of a condom or other reproductive or sexual health device may not be received in evidence in any trial, hearing or proceeding as evidence of conduct which would constitute an offense defined in article 230 of the penal law.
Maddy summaryThis bill establishes a legal framework for the medical use of psilocybin (a psychedelic compound found in certain mushrooms) in New York. It creates a grant program to fund psilocybin-assisted therapy for veterans, first responders, retired first responders, and low-income individuals, administered through the state health department. The law defines key terms, requires certification for healthcare providers offering therapy, and protects patients and practitioners from legal penalties for compliant medical use under state law. It also mandates biennial reports on the program's implementation and establishes regulations for safe clinical administration.
Prohibits police officers from using bias-based profiling; requires that a procedure be established for the taking and review of complaints against police officers for bias-based profiling; allows an action for injunctive relief and/or damages to be brought against a law enforcement agency, any agent of a law enforcement agency and the supervisor of an agent.
Establishes a discount fare rate of no less than 25% for full-time undergraduate students attending an accredited college who utilize the New York city transit system, including railroad, subway and/or omnibus services.