Provides for eminent domain reform; creates the "home and property protection act"; creates a temporary state commission to examine eminent domain laws.
Maddy summaryThis bill prohibits offering or providing payment beyond reimbursement of actual expenses for donating human eggs used in scientific research. It specifically bans "valuable consideration" (like cash payments) while allowing reimbursement for documented costs such as travel, housing, lost wages, and direct medical expenses from donation-related illness. Institutions accepting egg donations must maintain records of reimbursed expenses and obtain donor certifications confirming no prohibited payments were made. The law excludes infertility treatments and classifies violations as a class E felony.
Relates to real property subject to an authorization for a real property tax exemption in the town of Smithtown, county of Suffolk, with respect to the 2019 and 2020 assessment rolls.
Relates to the purchase of community land mortgages; defines a community land mortgage as a mortgage that is secured by a first lien on a leasehold estate in real property that is improved by a residential structure wherein title to the real property is retained by a not-for-profit housing company or housing development fund company; authorizes the state of New York mortgage agency to purchase community land mortgages from banks within the state; ensures not-for-profit housing remains as affordable housing.
Maddy summaryThis bill establishes a new annual spending growth cap for state operating funds, directly affecting the governor and legislature when creating budgets. The cap limits yearly increases in state spending to the average inflation rate from the prior three years (calculated using the Consumer Price Index). It requires the governor to certify budget compliance and gives the comptroller authority to verify limits, with exceptions only for emergencies declared by the governor and approved by a two-thirds legislative vote. The bill does not change the rainy day fund's capacity, as the title's mention of that detail isn't elaborated in the actual provisions.
Requires all new residential and commercial units in Suffolk and Nassau counties, including all structures that have realized repairs or improvements that are equal to or greater than fifty percent of the structure's value, to install underground service drops at such locations.
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.
Maddy summaryThis bill requires New York's public retirement funds to stop investing in companies doing business in Iran or with Iranian entities. It directly affects the state's pension and annuity funds managed by the Comptroller, prohibiting new investments and mandating divestment from existing holdings within three years. The Comptroller must report all affected investments annually and complete divestment by the three-year deadline, while protecting against premature sales. The law expires only if Iran is removed from the U.S. State Department's terrorism list and the President certifies Iran has halted nuclear weapons efforts.
Grants credit against personal income tax to purchasers of residential housing in the amount of any downpayment made on such housing; provides that the maximum credit shall not exceed 5 percent of the purchase price of the residential housing; requires taxpayers to meet eligibility requirements imposed by the state of New York mortgage agency.
Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".
