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. Harvey Epstein
Sponsored bills
Maddy summaryThis bill (A 7370) designates March 8 as "Women's Day" in New York State, adding it to the official list of public holidays under the General Construction Law. It directly affects state employees and businesses that observe public holidays, requiring them to close or provide paid time off on March 8. The key provision amends Section 24 of the law to explicitly include "the eighth day of March, known as Women's day" alongside existing holidays like New Year's Day and Independence Day. The change would take effect immediately upon enactment.
Maddy summaryThis bill prohibits the use of leg-gripping traps (traps that clamp onto an animal's leg with teeth or excessive jaw spread) for trapping wildlife in New York State. It directly affects trappers, wildlife managers, and anyone using traps for hunting or pest control. Key provisions ban traps with jaw spreads exceeding 7¼ inches in water during beaver/otter season or 5¾ inches otherwise, require traps on land to be covered and equipped with safety devices, and forbid traps that suspend wildlife. The law amends existing environmental conservation statutes to implement these specific restrictions.
Allows evidence of a defendant's prior crimes or acts to be admissible in a criminal case for certain purposes including as proof of motive, opportunity, intent, preparation, plan, knowledge, state of mind of the defendant, state of mind of the victim or other party, absence of mistake or accident, identity, modus operandi, or common scheme or plan; requires that the prosecution provide reasonable notice of the general nature of any such evidence it intends to introduce at trial.
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.
Permits midwives and physician assistants to certify the cause of death on a fetal death certificate if they are in attendance at or after a fetal death.
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.
Prohibits single-agent dual agency; requires representation agreements; allows broker's fee negotiations; prohibits mandatory broker's fees in residential real property transactions.
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.
Maddy summaryThis bill requires health insurance plans to cover the cost of an appropriate car seat for newborns at the time of hospital discharge. It directly affects new parents and newborns by ensuring they receive a required child restraint system without out-of-pocket costs. The key provision amends insurance law to explicitly include "an initial appropriate child restraint system" as part of mandatory maternity care coverage, alongside services like breastfeeding support and newborn assessments. The change applies to all health insurance policies covering maternity care in New York State.