Establishes discounted parking permits for seniors sixty-two years of age or older who earn fifty percent or less of the area median income.
Provides earnings limitations for retired police officers employed part-time by municipalities with a population of less than 7,500; permits such officer to work up to five hundred twenty hours in any consecutive six-month period, with no suspension or diminution of retirement allowance; establishes villages or towns shall report such hours and salary earned on a monthly basis and shall contribute a percentage of the officer's excess earnings to the New York state and local police and fire retirement system.
Provides earnings limitations for retired police officers employed part-time by municipalities with a population of less than 7,500; permits such officer to work up to five hundred twenty hours in any consecutive six-month period, with no suspension or diminution of retirement allowance; establishes villages or towns shall report such hours and salary earned on a monthly basis and shall contribute a percentage of the officer's excess earnings to the New York state and local police and fire retirement system.
Requires that any individual who is eligible for the Fair Fares NYC program and any person whose income is two hundred percent of the federal poverty level receive a fifty percent discount on trips using the Long Island Rail Road, paratransit services, New York city transit subways or buses, and/or Metro-North Railroad; defines terms.
Establishes a recycling program for containers of adult-use cannabis sold in New York; requires such containers to be made of at least fifty percent recycled materials.
Authorizes the city of New York to provide for a residential parking permit system to reduce hazards and pollution levels.
Authorizes a surcharge for the issuance of permits relating to the obstruction or closure of a street or pedestrian plaza for construction purposes in a city having a population of one million or more and to the imposition of such surcharge.
Raises the earned-income tax credit from sixteen percent (16%) to thirty percent (30%) for the tax years 2025 and beyond.
Provides an 8% tax rate for those properties that are encumbered by a deed restriction for low-income housing set at 80% or 60% of adjusted median income established by HUD.
Provides an 8% tax rate for those properties that are encumbered by a deed restriction for low-income housing set at 80% or 60% of adjusted median income established by HUD.