Relates to creating a separate tax on inheritance income, creating a separate tax on gift income, the computation of the estate tax, and creating a gift tax.
Enacts the "credit for rural broadband act"; provides for a refundable tax credit for costs paid for new construction of new broadband networks to residences and small businesses located in rural, unserved areas.
Requires local boards and the division of housing and community renewal to submit certain residential housing and zoning information to the department of state annually; requires such information to be published by the department of state on its website.
Relates to requiring that certain information be provided to operators of limited use motorcycles concerning rules of the road and consequences for non-compliance.
Authorizes school districts to establish an insurance reserve fund in an amount and manner determined by a qualified and independent actuary certified by the American Academy of Actuaries to be reasonable and necessary.
Requires the Empire State Development corporation's broadband program office to assist in the provision and expansion of broadband internet access service and to address inequities in the availability of such service.
Relates to penalties for failure to comply with maintenance and reporting of vacant and abandoned properties, and reporting and release of information; provides for the sharing of information between municipalities; provides for enforcement for failure to report on abandoned and vacant properties.
Relates to arbitration organizations; requires private arbitration organizations involved in fifty or more consumer arbitrations per year to collect, publish at least quarterly, and make available to the public in a computer-searchable database certain information relating to such arbitrations; prohibits financial conflicts of interest.
Relates to the regulation of social media companies and social media platforms; provides for age requirements for the use of social media and parental consent; prohibits certain data collection from social media accounts; limits the hours a minor can have access to social media; establishes penalties for violations.
Requires a local transportation regulatory agency to review school safety plans for traffic and transportation issues prior to the issuance of a building permit for a new school facility or the expansion or renovation of an existing school facility.