Maddy summaryThis New York state bill modifies tax rules by requiring residents to include certain gains excluded under federal law in their state adjusted gross income. Specifically, it adds gains excluded under Section 1202 of the Internal Revenue Code (for qualified small business stock sales) back into taxable income for New York state tax purposes. It directly affects New York residents who sell eligible small business stock and previously excluded those gains from state taxes. The change takes immediate effect upon enactment, altering how these gains are treated for state tax calculations.
Sen. Leroy Comrie
Sponsored bills
Maddy summaryThis bill allows New York City police officers who previously worked as traffic enforcement agents to count that prior service toward their retirement and pension benefits. Specifically, it enables them to buy back service credit for their traffic enforcement time by paying the required contributions, ensuring this period counts as police service for retirement calculations. The policy applies to officers appointed as traffic enforcement agents before July 1, 2009, who later join the police department. It does not change existing retirement system rules but clarifies eligibility for those with prior traffic enforcement roles.
Relates to accidental disability retirement for sheriffs; provides that sheriffs shall receive a pension of three-quarters of their final average salary.
Establishes the New York state first home grant program; directs the commissioner of homes and community renewal, in consultation with the state comptroller, to implement such program; provides assistance on behalf of a first time home buyer qualified for such program; and for costs in connection with the acquisition, involving an eligible mortgage loan, of an eligible home, including downpayment costs, closing costs, and costs to reduce the rates of interest on eligible mortgage loans; subsidies to make shared equity homes affordable to home buyers by discounting the price for which the home will be sold and to preserve the affordability of the home for subsequent home buyers; and pre-occupancy home modifications required to accommodate qualified home buyers or members of their household with disabilities; excludes the amount of any grant to any first time home buyer awarded or any federal first time home buyer grant program from taxable income for the purpose of calculating New York adjusted gross income.
Maddy summaryBill S 1062 directs the Council on the Arts to develop specific criteria and guidelines for establishing state-designated arts and cultural districts. These districts are defined as geographic areas within cities, towns, or villages with a concentration of arts or cultural facilities. Local governments, or multiple governments jointly, can apply for this designation based on criteria that may include attracting artists, encouraging job development, fostering tourism, and enhancing local cultural development. Once designated, these districts would receive state-supported assistance from the Department of Economic Development, such as technical support for grants and marketing expertise.
Directs the department of public service to adjust each utility corporation's residential fixed charge upon such corporation's filing with the department of an amendment of rate schedules, to recover only the fixed costs and operation and maintenance expenses directly related to metering, billing, service connections and the provision of customer service.
Prohibits the sale of vape products that resemble school supplies, toys, or are packaged or advertised in any way to appeal to or target minors or the youth population.
Maddy summaryThis bill prohibits New York City from holding minors under 18 in facilities designed for adults. It specifically bans placing youth under 18 in secure juvenile detention centers used for individuals aged 18 or older. The law creates a new category of "older youth detention facility" for 18- to 21-year-olds, ensuring this age group is held separately from younger minors. It directly affects NYC's juvenile justice system by requiring separation of minors under 18 from adult detention settings. The policy change takes effect January 1, 2027.
Expands health care services provided by telehealth to include services delivered through a facility licensed under article twenty-eight of the public health law that is eligible to be designated or has received a designation as a federally qualified health center, including those facilities that are also licensed under article thirty-one or article thirty-two of the mental hygiene law.
Requires that notice be given to the borough president or presidents, the council member or members, the senator or senators, the member or members of assembly and the district managers of the affected community board or boards when there is a change in service furnished upon the rapid transit facilities or the omnibus line facilities of the New York city transit authority.