Asm. Linda Rosenthal

Maddy summaryThis bill imposes a new 0.5% tax on corporations when they repurchase their own issued shares (stock buybacks). It directly affects corporations that buy back shares, taxing the full value paid for those shares. The key provision replaces previous per-share tax rates with this flat 0.5% rate on the transaction value, effective immediately upon enactment. The tax applies to all buybacks made after June 1905 (as stated in the bill text), with no exemption for shares canceled within one year.

Maddy summaryThis bill creates a new Affordable Housing Relief Fund Program administered by New York's Housing Trust Fund Corporation. It provides forgivable loans (0% interest, no payments for 10 years) of up to $50,000 per income-restricted unit to preserve distressed, 100% affordable multifamily rental properties. Eligible applicants include non-profits, charities, or for-profit owners with regulatory agreements, covering costs like deferred maintenance, emergency repairs, or debt restructuring. Properties must maintain affordability for tenants, and funds may be partially repaid if the property is sold within 10 years or affordability terms are violated. The program aims to prevent loss of affordable housing units amid rising operating costs.

Maddy summaryThis bill repeals Section 2307 of New York's Public Health Law, which previously addressed individuals knowingly infected with venereal disease. The repeal removes legal provisions that could have led to prosecution of people with certain sexually transmitted infections (STIs) who were aware of their status. The law takes immediate effect, preventing any future prosecutions or legal actions under the repealed section. This change directly affects individuals previously covered by this specific public health law provision, though it does not alter other STI-related laws or public health practices.

Prohibits independent higher education institutions from collecting financial information from a student's or prospective student's non-custodial parent; requires that private colleges use student financial aid formulas that are arrived at independently, without coordination with outside standard setting organizations.

Requires certain candidates to file a statement attesting to the veracity of statements regarding the candidate's educational history, and service, employment and residency record; provides for the filing of amended statements; provides penalties.

Maddy summaryThis bill allows pet owners to seek financial compensation if someone carelessly, recklessly, or intentionally causes unjustifiable injury or death to their companion animal. Owners could sue for damages, and courts would consider the emotional bond between the owner and pet when determining compensation. The law also permits additional penalties (punitive damages) for intentional or reckless harm. It defines "companion animal" using an existing agricultural law definition and would take effect 30 days after enactment.

Prohibits the disabling, removal or interference with emission control devices and the use of emission tampering devices; provides remedies for the violation of such provisions.

Establishes the historic preservation tax credit transfer program to provide flexibility and incentives for businesses which rehabilitate historic properties to further promote the development of affordable housing.

Makes the release of any claim by an employee, or independent contractor who is a natural person, against an employer, unenforceable if, as a condition of such resolution, the employee or independent contractor is prohibited from applying for, accepting, or engaging in future employment with such employer, or any entity or entities related to such employer.

Requires the owner of any place or establishment where animals or fowls are slaughtered or butchered for food to reimburse costs associated with capture and return or rescue and rehabilitation of escaped animals.