New York 2025-2026 Regular Session

New York Assembly Bill A07524

Introduced
4/1/25  
Refer
4/1/25  

Caption

Relates to establishing the lump sum allocation advisory committee (Part A); relates to requiring transparency, identification and disclosure of certain appropriations (Part B); relates to withholding the salaries of the governor, agency commissioners and deputy commissioners for failing to meet certain reporting deadlines (Part C); relates to creating a tax rate reduction board to look at personal income tax and corporate franchise tax rates (Part D); relates to conducting an audit of all state economic development programs (Part E); relates to prohibiting certain political contributions by individuals appointed to entities that oversee lump sum appropriations (Part F); relates to prohibiting certain third party contracts (Part G).

Summary

A07524 is a broad government accountability and fiscal reform bill made up of seven separate parts. Part A creates a lump sum allocation advisory committee, made up of the director of the budget, the comptroller, and the attorney general, to review requests for allocations from lump sum appropriations where no grantee is identified, investigate conflicts of interest, and approve or deny allocations unanimously. Part B tightens budget transparency rules by requiring more itemized appropriations, identifying the requesting governor or legislator where practicable, and requiring plans for unnamed-grantee appropriations to be approved through a concurrent resolution. It also adds conflict-of-interest and donation-refund requirements for discretionary appropriations and allocations from lump sums. The bill also adds enforcement and study provisions. Part C directs the comptroller to withhold the salaries of the governor, agency commissioners, and deputy commissioners when certain economic development or related state entities miss statutory reporting deadlines, unless an extension is approved by legislative conference leaders. Part D creates a tax rate reduction board and requires studies on revenue-neutral reductions to personal income tax and corporate franchise tax rates if credits were eliminated. Part E orders an audit of all state economic development programs, including funding sources, recipients, job creation results, geographic distribution, compliance, and comparisons with other states, and then requires a study of whether those programs could be consolidated into one centralized competitive program. Parts F and G address ethics and contracting rules. Part F bars certain appointees involved in distributing lump sum appropriations, and their household members, from making political contributions to the appointing authority during the appointment term and for one year before and after, with refund requirements for recent donations. Part G prohibits state authorities from using third-party procurement conduit arrangements for certain contracts unless specifically authorized by the legislature, and authorizes the comptroller to issue rules to enforce that ban. The bill would significantly affect state finance, budgeting, ethics, election, public officers, economic development, and public authorities law. It would impose new oversight structures, disclosure obligations, conflict checks, salary penalties, and contracting limits, while also mandating studies that could lead to future tax and economic development reforms. It is aimed at increasing transparency and reducing perceived favoritism in state spending and grantmaking. The overall sentiment reflected in the bill text is strongly reform-oriented and critical of current state budgeting and economic development practices. The sponsor’s findings describe a lack of accountability, opaque lump sum appropriations, and a breakdown of public trust, suggesting the bill is intended as a corrective measure. No committee transcript or vote record is provided, so there is no recorded legislative debate or voting sentiment to assess beyond the bill’s own framing.

Impact

This bill would amend multiple areas of New York law, including the state finance law, executive law, tax law, economic development law, public officers law, election law, and public authorities law. It would create new oversight bodies, require more detailed appropriation disclosures, impose conflict-of-interest and contribution restrictions, authorize salary withholding for missed reporting deadlines, mandate studies of tax-rate reductions, and require a statewide audit of economic development programs. It would also restrict certain third-party contracting arrangements by state authorities and give the comptroller rulemaking authority to enforce that prohibition.

Sentiment

The bill is framed in strongly critical terms toward current state spending and economic development practices, and its provisions reflect a reform and anti-corruption posture. It emphasizes transparency, accountability, and the elimination of conflicts of interest, suggesting support from sponsors who favor tighter controls on discretionary spending. Because there are no committee transcripts or votes included, there is no direct evidence of broader legislative support or opposition, but the text itself signals a highly skeptical view of existing budget and grant processes.

Contention

The most likely points of contention are the bill’s sweeping restrictions on executive and legislative discretion over appropriations, especially the requirement for unanimous approval of lump sum allocations and the new disclosure obligations tied to political donations. Another major issue is the salary-withholding penalty for missed reporting deadlines, which directly targets the governor and senior agency officials and could be viewed as unusually punitive. The contribution bans for appointees and household members, as well as the prohibition on third-party contracting, may also draw objections from officials, agencies, authorities, and entities that rely on flexible procurement or appointment structures. Supporters would likely argue these measures are necessary to curb conflicts of interest and improve transparency, while critics may see them as overly broad, administratively burdensome, or constitutionally vulnerable.

Companion Bills

No companion bills found.

Previously Filed As

NY HB951

Relating to requiring a voter to be affiliated with a political party to vote in that party's primary election or otherwise participate in that party's affairs; creating a criminal offense.

NY SB2646

Relating to requiring a voter to be affiliated with a political party to vote in that party's primary election or otherwise participate in that party's affairs; creating a criminal offense.

NY H3643

Voter registration, party affiliation

NY HB2802

Relating to lump sum payments of permanent partial disability awards.

NY B26-0324

Pass-Through Entities Income Tax and Tax Credit on Certain S Corporations and Partnerships Amendment Act of 2025

NY H817

Relative to the disclosure of the political party offices campaign contributions

NY H5359

Closed primaries

NY HB492

Relating to prohibiting the allocation of low income housing tax credits for certain developments.

NY A10247

Enacts the "empire innovation act"; provides that a participant in the excelsior jobs program shall be eligible to claim a credit equal to the portion of the full cost of the participant's research and development expenses incurred that relates to the participant's research and development expenditures in New York state during the taxable year; provided however, if the participant receives a federal research and development tax credit calculated on the full cost of the participant's research and development expenses that relates to the participant's research and development expenditures in New York state during the taxable year, then said participant shall only be eligible to claim a credit equal to fifty percent of the portion of the participant's federal research and development tax credit that relates to the participant's research and development expenditures in New York state during the taxable year.

NY A10009

Enacts into law major components of legislation which are necessary to implement the state fiscal plan for the 2026-2027 state fiscal year; relates to enhancing and reforming the child and dependent care credit (Part A); excludes certain tips earned up to twenty-five thousand dollars from New York adjusted gross income (Part B); retains the deductibility of certain charitable contributions (Part C); standardizes the definition of farmer for various tax credits (Part D); extends the current corporate tax rate for businesses with a business income base of more than five million dollars but not over ten million dollars until 2030; increases the corporate tax rate for businesses with a business income base of more than ten million dollars to nine and one-quarter percent (Part E); relates to exemptions from calculation of income in certain cases (Part F); relates to the treatment of certain deductions allowable under the internal revenue code in calculating New York city taxable income for corporations (Part G); relates to extending the commercial security tax credit (Part I); enhances the New York city musical and theatrical production credit (Part J); relates to alternative nicotine products (Part K); relates to the taxation of vapor products imported into or manufactured in the state by a vapor products distributor; relates to the requirements of vapor products distributors and vapor products dealers and to the enforcement of such taxes on vapor products (Part L); extends the real estate transfer tax rate reduction for conveyances of real property to existing real estate investment funds (Part M); establishes a sales and use tax reregistration program, and a sales and use tax penalty and interest discount program (Part N); establishes a sales tax exemption for electric vehicle charging stations (Part O); extends the sales tax exemption for certain sales made through a vending machine for three years (Part P); extends the residential energy storage sales tax exemption for two years (Part Q); relates to petroleum business tax filing deadline for commercial vessel operators (Part R); extends the alternative fuels tax exemptions (Part S); makes technical corrections to the STAR exemption and STAR credit programs (Part T); extends the assessment ceiling for local public utility mass real property to January 1, 2031 (Part U); conforms pari-mutuel tax provisions and makes technical corrections (Part W); extends capital acquisition funds for the off-track betting corporation (Part X); extends certain provisions of law relating to licenses for simulcast facilities, sums relating to track simulcast, simulcast of out-of-state thoroughbred races, simulcasting of races run by out-of-state harness tracks, distributions of wagers, and the imposition of certain taxes related thereto for an additional year (Part Y); extends certain seasonal employee licensing requirements for race dates assigned to Belmont Park at Saratoga Racetrack in 2026 (Part Z); provides for a middle-class tax cut and increasing the temporary personal income high income surcharge (Part AA); establishes a power rebate check to provide financial relief to residential utility ratepayers (Part BB); establishes a credit against the tax on personal income beginning in the 2026 tax year (Part CC); establishes a small business savings account program; provides tax incentives for contributions and distributions (Part DD); increases the current small business subtraction modification (Part EE); establishes a tax credit for donations made by food service establishments engaged in the sale, manufacture, or distribution of food within the state (Part FF); increases tax credits for donations to food pantries made by farmers by increasing the allowable percentage of the fair market value of such donations and increasing the maximum amount of such credit for taxable years beginning on or after January 1, 2026 (Part GG); extends the benefit window of the historic homeownership rehabilitation tax credit; requires additional reporting on the utilization of such credit (Part HH); imposes an excise tax on energy used in digital asset mining (Part II); provides for cities to enact a vacancy surcharge on vacant and abandoned property (Part JJ); exempts from sales tax certain tangible personal property and services (Part KK); establishes sales tax exemptions for commercial energy storage systems equipment (Part LL); repeals the excise tax on medical cannabis and the medical cannabis trust fund (Part MM); relates to standardbred testing (Part NN); reduces the credit allowed on pass-through entities in the city of New York (Part OO); increases tax rates imposed on unincorporated businesses and corporations in New York city for taxable years beginning on or after January 1, 2026 (Part PP); increases the rate of tax on certain conveyances of real property, transfers of leasehold interests, and transfers of controlling economic interests in real property in the city of New York (Part QQ).

Similar Bills

No similar bills found.