Relates to treatment of gains from qualified opportunity zones in calculating taxable income; removes exclusion of gains on property in qualified opportunity zones in calculation of income.
Asm. Tony Simone
Sponsored bills
Expands the right to seek the appointment of administrators of buildings to tenants and local governments throughout the state and to make procedures conform with realities of housing stock throughout the state.
Maddy summaryThis bill sets specific targets for transitioning medium- and heavy-duty vehicles to zero-emission models in New York. It requires 50% of such vehicles sold or leased in the state to be zero-emission by 2032, 80% by 2037, and 100% by 2042 (where feasible). Fleet operators - businesses owning or managing medium/heavy vehicles (defined by weight, e.g., >14,001 lbs for medium-duty) - must report vehicle types, emissions status, and usage patterns within one year of the law’s effective date. The law applies to new vehicles offered for sale or lease in New York, directly affecting commercial trucking and logistics companies. It establishes a structured timeline for fleet electrification without mandating immediate changes to existing vehicles.
Establishes new targets for offshore wind electricity generation; includes the requirements that there is at least 15 gigawatts of offshore wind electricity generation by 2040, at least 18 gigawatts of offshore wind electricity generation by 2045 and at least 20 gigawatts of offshore wind electricity generation by 2050.
Establishes the New York COVID-19 children's fund program to provide assistance to children whose parent, custodian, legal guardian, or related adult household member died as a result of contracting COVID-19, regardless of immigration status of such children.
Enacts the "fair share act"; authorizes cities imposing city personal income taxes to adopt and amend local laws imposing an additional tax of two percent on the annual city taxable income of city residents, estates and trusts reporting any return in excess of one million dollars.
Maddy summaryThis bill allows licensed pharmacists in New York to order and administer specific diagnostic tests, directly affecting pharmacists and patients seeking convenient testing. It authorizes pharmacists to perform FDA-authorized tests for conditions like COVID-19, flu, RSV, strep throat, HbA1c, hepatitis C, and HIV. The law expands pharmacists' scope of practice to include these tests under federal "waiver" requirements, without requiring additional physician oversight. The provision expires on July 1, 2028, as noted in the bill's text.
Maddy summaryThis bill provides a $500 tax credit for individuals who permanently relocate to the state to access reproductive care or gender-affirming care, or for healthcare providers who relocate to offer such care. It applies to people moving from states with stricter abortion laws or more restrictive gender-affirming care access laws. The credit is available on individual income tax returns for the tax year of relocation, with excess credits refundable if they exceed tax liability. The policy takes effect for taxable years beginning January 1, 2025.
Requires the cannabis control board to provide notice to state legislative representatives upon receipt of application for an adult-use cannabis retail dispensary or on-site consumption license in their district.
Prohibits the adjustment of maximum allowable rent where any modification, increase or improvement is made to accommodate the needs of a disabled tenant; defines disabled tenant.