Authorizes the creation of state debt in the amount of 5 billion dollars in creating the New York state master plan on aging 2026 bond act; provides for submission to the people of such proposal.
Establishes a caregiver tax credit of up to six thousand dollars and a family caregiver reimbursement program to offset out-of-pocket spending by family caregivers.
Establishes the office of New York state benefits coordination to document and track all benefit programs in the state, and establish a state benefits portal and universal benefits application.
Maddy summaryThis bill repeals New York's Section 165.35 of the Penal Law, which previously criminalized fortune telling. It removes a specific statute that made offering fortune-telling services a punishable offense. The repeal takes immediate effect, eliminating this outdated legal restriction. The bill directly affects individuals who might have been subject to prosecution under this law, though no new provisions or mechanisms are created.
Maddy summaryThis bill requires licensed check cashers to file suspicious activity reports (SARs), similar to banks. It directly affects businesses that cash checks for a fee, mandating them to report transactions that may indicate fraud or money laundering. The key mechanism is an amendment to banking law, directing the superintendent of banks to create rules requiring these SAR filings. The law specifies that check cashers must follow the same reporting standards applied to financial institutions. This change aims to strengthen oversight of check-cashing businesses under existing anti-money laundering frameworks.
Establishes the comprehensive sexual and reproductive health program to provide funding to providers whose primary function is to facilitate access to comprehensive sexual and reproductive health care services and information for low-income, uninsured and underinsured individuals and provide support to providers to facilitate access to care, fund uncompensated care, and support community awareness of comprehensive sexual and reproductive health care services across New York state.
Excludes Medicare premiums from the definition of income for purposes of the senior citizen rent increase exemptions (SCRIE) program and the disability rent increase exemption (DRIE).
Maddy summaryThis bill increases short-term disability benefits for New York workers. It phases in higher weekly benefit rates (from 50% to 67% of average weekly wage) and extends maximum leave duration (from 8 to 12 weeks) over several years, starting in 2018. The changes apply to employees needing short-term disability leave due to illness or injury, directly affecting both workers and their employers who provide these benefits. The bill maintains a cap based on the state average weekly wage and allows the superintendent of financial services to delay increases if needed.
Maddy summaryThis bill increases corporate income tax rates in the state. For most corporations, the rate rises to 7.25% for taxable years beginning on or after January 1, 2026. Corporations with a business income base exceeding $5 million will pay 11.5% instead of the standard rate. The change applies to businesses operating within the state and affects all corporate taxpayers subject to the state's tax law, with specific lower rates for small businesses, manufacturers, and qualified emerging technology companies as defined in the law. The bill takes effect immediately upon enactment for taxable years starting on or after the effective date.
Provides for adjustment of the maximum income threshold for eligibility for the senior citizen rent increase exemption (SCRIE), disability rent increase exemption (DRIE), senior citizen homeowners' exemption (SCHE), and disabled homeowners' exemption (DHE) by any increase in the consumer price index (CPI).
