Maddy summaryThis bill creates a state tax credit for resident taxpayers who serve as active volunteer firefighters or volunteer ambulance workers. To qualify, individuals must have been active in their volunteer roles for the entire tax year, and the credit amount is set at $800 per person or $1,600 for married couples filing jointly. The legislation also clarifies that taxpayers who receive a real property tax exemption for their volunteer service generally cannot claim this credit, unless they meet specific conditions regarding when they applied for or discontinued that exemption. Finally, if the credit amount is larger than the taxpayer's actual tax liability, the remaining balance is treated as a refundable overpayment without interest.
Sponsored bills
Maddy summaryThis bill modifies New York State insurance law to exempt the City of New York from specific insurance requirements for certain public construction projects. It directly affects the city when it contracts for work on electrical power facilities, rail systems, bridges, tunnels, and related infrastructure managed by the Metropolitan Transportation Authority. The key provision removes the obligation for these specific projects to meet standard insurance mandates outlined in the state's insurance code. By striking the enacting clause, the bill is currently inactive and has not become law.
Maddy summaryThis bill grants Raymond Ruckel, a retired sheriff's employee, retroactive membership in the New York State and Local Employees' Retirement System for his time working at Clarkstown Central School District in 1990. To receive this status, Ruckel must apply to the state comptroller within one year of the law's effective date, after which he will be treated as if he had joined the system on August 1, 1990. The Clarkstown Central School District will cover all past service costs associated with this change, and Ruckel will not get a refund of any contributions he already made.
Grants the department of financial services jurisdiction over the financing of motor vehicles; requires motor vehicle dealer finance managers to be licensed by the department of financial services.
Maddy summaryThis bill extends a one-year limitation on how much property tax assessments can shift between different classes of taxable property in the town of Clarkstown, Rockland County. The measure allows the town to cap the increase in the base proportion of any property class to no more than one percent compared to the previous year, provided the town has passed a local resolution authorizing this restriction. By limiting these shifts, the bill aims to stabilize property tax bills for residents by preventing large, sudden changes in how taxes are distributed across property classes. The law applies to assessment rolls covering the years 2017 through 2025 and takes effect immediately upon signing.
Maddy summaryThis bill extends the expiration date for public arbitration panels from July 2024 to July 2029. It directly affects the Civil Service Law by updating the timeline for these panels, which are used to resolve disputes regarding public employees' employment conditions. The legislation makes no changes to how the panels operate, only delaying when their current rules must end. Once signed into law, the extension takes effect immediately, ensuring the panels can continue their work for an additional five years.
Establishes the clean fuel standard of 2024; provides such standard is intended to reduce greenhouse gas intensity from the on-road transportation sector, with further reductions to be implemented based upon advances in technology.
Extends eligibility for the farm employer overtime tax credit to certain professional employer organizations that are in a contractual relationship with an eligible farm employer.
Clarifies how certain non-billing information regarding the delivery of water is disclosed to residents of cooperatives, condominiums or multi-family dwellings; requires water-works corporations to notify customers of their ability to receive non-billing related information.
Relates to the application of certain provisions relating to commercial financing; provides that liability shall not be imposed on a provider if the actual annual percentage rate charged by the provider differs from the estimated annual percentage rate disclosed by the provider acting in good faith.