Maddy summaryThis bill introduces two main changes to state financial management: it sets a limit on how much government spending can grow each year and raises the maximum amount the state can save in its rainy day fund. The spending growth cap is calculated based on the average inflation rate of the previous three years, meaning the governor cannot propose a budget that increases spending by more than this percentage unless a declared emergency allows for a special two-thirds vote to override the limit. Additionally, the bill increases the maximum capacity of the rainy day fund to twenty percent of the projected general fund disbursements, allowing the state to set aside more money for future financial emergencies. These measures directly affect the governor, the legislature, and the state comptroller by restricting budget proposals and altering how much money can be transferred to the reserve fund.
Asm. Matt Slater
Sponsored bills
Permits the town of Putnam Valley, Putnam county, to lease sports field fences at Leonard Wagner Memorial Park for advertisements with the revenues to be used solely by such town's department of parks and recreation for such sports field.
Permits the town of Kent, Putnam county, to lease sports field fences for advertisements with the revenues to be used solely for the care of Guglielmo Field.
Provides for the inclusion of a faculty or staff member on the board of trustees of community colleges elected by and from among the faculty and staff of the college.
Establishes the New York child data protection act to protect minors from having their personal data accessed; provides exceptions in certain circumstances.
Establishes the Stop Addictive Feeds Exploitation (SAFE) For Kids Act prohibiting the provision of addictive feeds to minors by addictive social media platforms; establishes remedies and penalties.
Establishes a maximum temperature in school buildings and indoor facilities; provides a definition of extreme heat condition days and the standard to measure room temperature.
Increases the applicable percentage of the child tax credit allowed in the empire state child tax credit from thirty-three percent to forty-five percent; prescribes how such payment or refund should be made based on amount.
Includes retirement plans in the exemption for pensions and annuities for certain persons; increases such exemption to one hundred thousand dollars as adjusted by the consumer price index annually.
Maddy summaryThis bill allows local governments to offer a full real property tax exemption for the primary homes of veterans with a 100 percent service-connected disability. To qualify, the veteran must have been honorably discharged, be rated as permanently and totally disabled by the Department of Veterans Affairs, and be considered individually unemployable. The exemption also extends to LGBT veterans who meet the same disability and discharge criteria. If passed, the law would apply to property tax assessments starting on or after January 2, 2024.