Establishes the New York state energy savings program authorizing the establishment of energy savings accounts; establishes a personal income tax deduction for deposits into such accounts.
Sen. Tony Palumbo
Sponsored bills
Maddy summaryThis bill asks the Governor of New York to officially designate May 5, 2026, as Queens Day to recognize the borough's cultural diversity and contributions to the state. The resolution directs the Governor to issue a proclamation for this date, which will coincide with a Queens Day celebration event in Albany featuring food, beverages, and displays of local businesses. The bill is sponsored by Senator Stavisky and was adopted by the Senate on March 24, 2026, after being referred to the Finance Committee. Copies of the resolution will be sent to the Governor, the Queens Borough President's office, and the Queens Chamber of Commerce.
Maddy summaryThis bill is a Senate Resolution that formally honors Nassau County Police Officer Patricia Espinosa, who died in a car accident on January 31, 2026. The resolution expresses the legislative body's condolences to her family and acknowledges her service, community involvement, and dedication to public safety. It does not create new laws or policies but serves as an official tribute to recognize her life and contributions.
Maddy summaryThis bill is a Senate resolution that formally commemorates the 115th anniversary of the Triangle Shirtwaist Factory Fire on March 25, 2026. It recognizes the 146 garment workers who died in the 1911 tragedy and honors their legacy by acknowledging the continued efforts of labor unions in protecting workers' rights. The resolution also highlights the historical impact of the fire, which led to significant labor law reforms and the advancement of immigrant rights in New York State.
Maddy summaryThis bill would reduce taxable income for individuals by excluding overtime pay from federal adjusted gross income. Specifically, it creates a new tax provision allowing workers to subtract wages earned for hours beyond their normal schedule (defined as "overtime compensation") from their taxable income. The change would apply to all taxpayers earning overtime pay, effectively lowering their federal income tax liability for that income. The provision would take effect for tax years beginning January 1, 2026.
Maddy summaryThis bill is a Senate resolution that formally honors Staff Sergeant Michael H. Ollis posthumously after he received the Congressional Medal of Honor and was inducted into the Hall of Heroes. The resolution acknowledges Ollis's sacrifice during a 2013 Taliban attack in Afghanistan, where he shielded an allied officer and saved over 40 personnel. It recognizes the Medal of Honor ceremony held at the White House and Ollis's induction at the Pentagon, noting that his name is now inscribed on the Medal of Honor Garden Wall. The resolution concludes by directing a copy of the document to Ollis's family.
Maddy summaryThis bill (S 8461) requires that uncommitted funds in New York's Climate Investment Account - collected by utilities through customer bills under the "bill-as-you-go" system - be automatically returned to ratepayers at the end of each fiscal year. It directly affects utility customers who paid these funds, ensuring unused money is credited back to their accounts instead of remaining in the state fund. The key provision amends state law to mandate this refund, specifying that funds not allocated for climate programs by year-end must be credited to ratepayer accounts. The bill does not change how funds are used for climate initiatives but clarifies the process for returning unused amounts.
Maddy summaryThis bill increases penalties for theft and fraud targeting individuals aged 60 or older, classifying these crimes as Class B felonies. It directly affects elderly victims (60+) and perpetrators of such offenses, including common scams like identity theft or fake tech support calls. The law creates two new criminal provisions: Section 165.80 for theft against elderly persons and Section 190.91 for fraud against elderly persons, both elevating penalties from lesser offenses. This change reflects legislative intent to address a 14% rise in elder fraud complaints (2023) and $77.7 billion in global fraud linked to elderly victims annually.
Maddy summaryThis Senate Resolution asks Governor Kathy Hochul to officially designate May 2026 as Amyotrophic Lateral Sclerosis (ALS) Awareness Month in New York State. The bill directs the governor to issue a proclamation highlighting ALS, a progressive neurological disease that affects voluntary movement and impacts thousands of New Yorkers. The resolution includes background information about ALS statistics and the importance of raising public awareness about the condition. This is a ceremonial measure intended to increase visibility for the disease rather than create new laws or funding.
Maddy summaryThis bill phases in tax cuts for New York residents by gradually increasing the tax-free threshold for married couples filing jointly and heads of household over ten years. For married couples, the tax-free amount rises from $10,000 in 2026 to $100,000 by 2035, with corresponding adjustments to tax rates for income above $500,000. It repeals existing tax law provisions related to benefit recapture and updates the tax rate tables annually to reflect these changes. The bill directly affects New York residents filing as married couples or heads of household, particularly those with taxable incomes between $7,500 and $25 million.