Repeals the rebates for stock transfer tax paid; dedicates funds of the stock transfer tax fund and stock transfer incentive fund to various funds; establishes the safe water and infrastructure action program.
Enacts the bucks for boilers act, which creates a program to aid in transition of housing units to electric heat pumps and other high energy efficiency upgrades.
Maddy summaryThis bill creates a new tax credit for New York State residents who pay for qualified caregiving services for eligible family members. It directly affects caregivers (including spouses on joint returns) with household incomes under $75,000 ($150,000 for couples) who provide uncompensated care to family members meeting specific criteria (e.g., over 18, NY resident, needing daily living assistance certified by a healthcare provider). The credit covers 50% of eligible expenses - such as home health services, respite care, or home modifications - up to $3,500 annually, with a total annual cap of $35 million allocated on a first-come basis. Unused credit amounts cannot be refunded or carried forward, and applications require documentation including income and family member details.
Relates to the regulation of municipal shooting ranges, including limiting the hours of operation and addressing noise pollution; directs the department of health to conduct a study describing the contaminants and other pollutants in the ground and water bodies adjacent to certain shooting ranges.
Prohibits the diminution of health insurance benefits of public employee retirees and their dependents or reducing the employer's contributions for such insurance; defines employers to include the state, municipalities, school districts, and public authorities and commissions.
Maddy summaryBill A 7308 establishes a tax credit for producers of sustainable aviation fuel (SAF) sold in the state for flights departing within the state. Starting January 1, 2025, producers can claim $1 per gallon, increasing by two cents for each additional one percent reduction in carbon dioxide emissions above 50%, up to a maximum of $2 per gallon. To be eligible, producers must obtain a certificate from the New York State Energy Research and Development Authority (NYSERDA). The bill defines SAF as liquid fuel derived from renewable or waste sources, excluding palm or petroleum, that achieves at least a 50% lifecycle greenhouse gas emission reduction. The total amount of tax credits issued annually is capped at $30 million, and any credit exceeding a taxpayer's liability will be refunded.
Enacts the "television subscriber choice act" to enhance consumer choice and ensure that multichannel video programming distributors have the flexibility to offer programming packages that best meet the needs and preferences of their subscribers; requires that a video programmer shall offer each channel for license to a multichannel video programming distributor without requiring channel bundling requirements as a condition of carriage of such channel; makes it unlawful for a video programmer to demand unreasonable fees or other financial obligations for channel carriage; defines terms; makes related provisions.
Maddy summaryThis bill requires certain public water systems (serving at least 15 year-round residents or 25 regularly) to identify lead service lines connecting water mains to properties. It defines "lead service line" broadly, including galvanized pipes downstream of lead lines or where lead connectors are used. Water systems must obtain property owner or occupant consent for free inspections, with a 30-day response window; if consent isn't received, occupants may provide consent. Inspections must occur within 60 days of consent, focusing solely on identification, not removal, of lead service lines.
Increases the small purchase threshold for purchase contracts for supplies, materials or equipment involving an estimated expenditure in excess of the New York city school construction authority from ten thousand dollars to one hundred thousand dollars.
Establishes the New York baby opportunity fund which deposits $1,000 into an account managed by the state comptroller to be available to eligible children when they reach the age of 18; provides such funds be used for education costs, the purchase of real estate, or entrepreneurship.
