Authorizes municipalities to adopt a local law, ordinance or resolution providing for a sales tax exemption for clothing and footwear after March 1, 2025 and no later than August 1, 2025; provides for the repeal of such provisions on January 1, 2026.
Provides a tax exemption from sales and compensating use taxes on alternative energy systems including alternative energy systems, new Energy Star appliances and tangible personal property used in or on habitable residential and non-residential structures to improve energy efficiency; defines relevant terms; authorizes municipalities to adopt the exemption.
Increase the estate exemption to $5,000,000 for January 1, 2027, $7,500,000 for January 1, 2029, $10,000,000 for January 1, 2031. This act would eliminate the estate tax for decedents whose death occurs on or after January 1, 2033.
Authorizes New Hour for Women and Children LI, Inc. to receive a real property tax exemption for the 2022-2023, 2023-2024 and 2024-2025 assessment rolls.
Authorizes New Hour for Women and Children LI, Inc. to receive a real property tax exemption for the 2022-2023, 2023-2024 and 2024-2025 assessment rolls.
Authorizes Simcray Holdings, LLC. to receive retroactive real property tax exempt status for the 2023, 2024 and 2025 assessment rolls and all of the 2023-2024, 2024-2025 and 2025-2026 school taxes.
Increases the net taxable estate exemption to four million dollars ($4,000,000) for deaths that occur on or after January 1, 2026.
Increases the net taxable estate exemption to four million dollars ($4,000,000) for deaths that occur on or after January 1, 2026.
Increases the net taxable estate exemption to four million dollars ($4,000,000) for deaths that occur on or after January 1, 2026.
Authorizes Simcray Holdings, LLC. to receive retroactive real property tax exempt status for the 2023, 2024 and 2025 assessment rolls and all of the 2023-2024, 2024-2025 and 2025-2026 school taxes.