Signed by Governor Kathy Hochul

Vote Smart's Synopsis:

Vote to pass a bill that appropriates funding for state programs from relating to the state education, labor, housing, and family assistance budgets

Highlights:

• Reduces the UI benefit wait period for striking workers from two weeks to one week (Sec. 1). 

• Increase the Corporate Franchise Tax rate to 9% for taxpayers with a business income base over $5 million for tax years 2024, 2025 and 2026 (Sec. 1). 

• Establishes the New York state zero-emission bus resource center (Sec. 1). 

• Extends the date for the submission of recommendations of a comprehensive study of alternative tuition rate-setting methodologies for approved providers operating school-age and preschool programs (Sec. 1). 

• Extends funding a program for workforce education conducted by the consortium for worker education in New York city (Sec. 1). 

• Extends certain provisions relating to the 1994-95 budgets that were previously in effect (Sec. 1). 

• Extends certain provisions relating to census reporting (Sec. 1). 

• Authorizes the Roosevelt union free school district to finance deficits by the issuance of serial bonds salary expenses (Sec. 1). 

• Repeals certain provisions relating to phase-in foundation increase and foundation aid (Sec. 1). 

• Extends certain provisions relating to restructuring financing for residential school placements (Sec. 1). 

• Increases the amounts of monthly need for aged, blind and disabled persons living in the community (Sec. 1). 

• Repeals certain provisions relating to sick leave and employee benefit requirements due to a mandatory or precautionary order of quarantine or isolation because of COVID-19 (Sec. 1). 

• Authorizes the attorney general to prosecute crimes involving deed theft (Sec. 1). 

• Authorizes New York cities of one million or more to remove the cap on the floor area ratio of certain dwellings, in accordance with local zoning laws, ordinances or resolutions (Sec. 1). 

• Establishes a program to address the legalization of specified basement and cellar dwelling units (Sec. 1). 

• defines eligible multiple dwelling under the affordable New York housing program (Sec. 1). 

• Requires the state fire prevention and building code council to conduct a study on standards for egress and to amend the New York state uniform fire prevention and building code if necessary (Sec. 1). 

• Establishes differential payment rates for child care services to be no less than ten but no greater than fifteen percent higher than the actual cost of care (Sec. 1). 

• extends provisions of weekly unemployment insurance benefits for workers who are partially unemployed; authorizes the commissioner of labor to extend the implementation of an information technology system (Sec. 1).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that appropriates funding for state programs from relating to the state education, labor, housing, and family assistance budgets

Highlights:

• Reduces the UI benefit wait period for striking workers from two weeks to one week (Sec. 1). 

• Increase the Corporate Franchise Tax rate to 9% for taxpayers with a business income base over $5 million for tax years 2024, 2025 and 2026 (Sec. 1). 

• Establishes the New York state zero-emission bus resource center (Sec. 1). 

• Extends the date for the submission of recommendations of a comprehensive study of alternative tuition rate-setting methodologies for approved providers operating school-age and preschool programs (Sec. 1). 

• Extends funding a program for workforce education conducted by the consortium for worker education in New York city (Sec. 1). 

• Extends certain provisions relating to the 1994-95 budgets that were previously in effect (Sec. 1). 

• Extends certain provisions relating to census reporting (Sec. 1). 

• Authorizes the Roosevelt union free school district to finance deficits by the issuance of serial bonds salary expenses (Sec. 1). 

• Repeals certain provisions relating to phase-in foundation increase and foundation aid (Sec. 1). 

• Extends certain provisions relating to restructuring financing for residential school placements (Sec. 1). 

• Increases the amounts of monthly need for aged, blind and disabled persons living in the community (Sec. 1). 

• Repeals certain provisions relating to sick leave and employee benefit requirements due to a mandatory or precautionary order of quarantine or isolation because of COVID-19 (Sec. 1). 

• Authorizes the attorney general to prosecute crimes involving deed theft (Sec. 1). 

• Authorizes New York cities of one million or more to remove the cap on the floor area ratio of certain dwellings, in accordance with local zoning laws, ordinances or resolutions (Sec. 1). 

• Establishes a program to address the legalization of specified basement and cellar dwelling units (Sec. 1). 

• defines eligible multiple dwelling under the affordable New York housing program (Sec. 1). 

• Requires the state fire prevention and building code council to conduct a study on standards for egress and to amend the New York state uniform fire prevention and building code if necessary (Sec. 1). 

• Establishes differential payment rates for child care services to be no less than ten but no greater than fifteen percent higher than the actual cost of care (Sec. 1). 

• extends provisions of weekly unemployment insurance benefits for workers who are partially unemployed; authorizes the commissioner of labor to extend the implementation of an information technology system (Sec. 1).

Full Bill Text