Asm. Phara Souffrant Forrest

Maddy summaryThis bill imposes an additional tax on New York residents' long-term investment profits, specifically targeting income from capital gains, dividends, and other low-taxed investments. It applies to higher earners: individuals with taxable income over $400,000 (or $500,000 for married couples filing jointly) face a 7.5% tax on capital gains above those thresholds, with a higher 15% rate kicking in above $800,000 (or $1 million for couples). The tax phases in gradually over the first $50,000 or $100,000 of income exceeding the thresholds. It functions as an add-on to existing income tax, not a replacement, and will be administered by New York’s tax department.

Enacts the "Empowering People in Rights Enforcement (EMPIRE) Worker Protection Act"; relates to the delegation of state enforcement authority to private actors; authorizes an affected employee, whistleblower, representative organization or an organizational deputy to initiate a public enforcement action on behalf of the commissioner for certain provisions of the labor law, or any regulation promulgated thereunder.

Provides that subsequent requests for an extension of a suspension period for certain rate, charge or other changes by utilities shall require approval by the public service commission and shall be valid for one month, after which the commission shall review and determine the necessity of a further extension; provides limitations on retroactive rate recovery by utilities.

Repeals the tax exempt status of private universities that received real property tax exemptions of one hundred million dollars or more during the prior fiscal year.

Prohibits payment card networks from assessing penalties against small businesses or financial intermediaries who fail to comply with the credit card surcharge notice requirement; declares any clause of a contract, agreement, or arrangement in violation of such provision void.

Relates to establishing the banking bill of rights; includes due process requirements regarding applications for or closure of credit and deposit accounts and penalties for noncompliance.

Establishes in the city of New York a bicycle lane safety program to enforce certain restrictions on the use of bicycle lanes and/or protected bicycle lanes by means of bicycle lane photo devices.

Maddy summaryThis bill requires all public universities and community colleges in the state to create a formal appeals process for students denied the in-state tuition rate. It directly affects students who receive a written denial of resident tuition status, regardless of their immigration status. The law mandates institutions establish clear time limits for filing appeals and responding to them, and requires posting detailed appeal information on their websites. The key change is creating a standardized, accessible process for students to challenge tuition classification decisions, without altering the existing eligibility criteria for resident status.

Requires that the average annual wage and average weekly wage of the state of New York, which determine the maximum cap for unemployment insurance benefits, be adjusted for inflation each year.

Establishes the "Not on our dime!: Ending New York funding of Israeli settler violence act" to prohibit not-for-profit corporations from engaging in unauthorized support of Israeli settlement activity; allows for recovery of a civil penalty by the state attorney general; creates a private right of action for violations.