Requires the return of all or a part of the financial assistance provided for a project where the project has material shortfalls or material violations; prevents the use of funds, financial incentives, subsidies or tax exemptions for projects already in development.
Enacts the "Tax-free debt forgiveness act"; excludes certain student loan forgiveness amounts authorized under 20 U.S.C. Sections 1098aa, 1098bb, 1098cc, 1098dd or 1098ee from state income tax.
Provides that state lottery and video lottery gaming individual prizes in excess of one million dollars when aggregated exceeds twenty-five percent of a district's adjusted gross income shall be excluded from such district's adjusted gross income for the year.
Establishes the end toxic home flipping act; imposes a tax on the transfer of certain residential properties which are sold within two years of the prior conveyance of such property; exempts certain purchases of residential properties from mortgage recording taxes; imposes a tax on the transfer of certain properties in the city of New York which are sold for one million dollars or more.
Requires the approval by the Nassau county legislature for the assessor of the county of Nassau to then accept from the Mineola Union Free School District an application for exemption from real property taxes.
Makes an appropriation of seven million dollars over seven years to the Island Park School District for the purpose of stabilizing the Island Park School District and offsetting a loss of tax revenue.