Affordability and Cost of Living
Address High Prices of Essential Needs
1
Inflation Relief
Inflation Relief & Consumer Assistance Plan: Eliminate sales tax on dozens of everyday items for two years, including (but not limited to) gasoline, personal care products, housekeeping supplies, and prepared foods (A.1690, Barclay).
Earned Income Tax Credit Expansion: Expand the New York State value of the Earned Income Tax Credit from 30 percent to 45 percent of the federal amount (A.5442, Barclay).
Offer the Earned Income Tax Credit in Monthly Installments: Offer the State EITC as installment payments instead of a lump sum when filing income taxes (A.1737, Goodell).
2
Reduce High Energy Costs
Cost-Benefit Analysis: Direct the Public Service Commission (PSC) to commission a full and complete cost-benefit analysis of renewable energy goals based on Climate Leadership and Community Protection Act (CLCPA) mandates. The study will be undertaken by an independent third-party contractor to help ensure a neutral perspective (A.5198, Palmesano).
“Ratepayer Disclosure and Transparency Act”: Require annual reporting on State-mandated energy programs (A.7263-A, Palmesano).
Reduce Energy Assessment: Reduce the amount a utility can be assessed, for costs and expenses of the Department of Public Service and the Public Service Commission, from one percent to one-third of one percent (A.2015, Hawley).
3
Cut Taxes on Families
Mobile Tax Freedom Act: Eliminate the State sales, compensating use, and excise taxes on mobile telecommunications services. Also, authorize local governments to eliminate their sales and compensating use taxes on mobile telecommunications (A.5103, Barclay)
Private Pension Taxes: Make the first $100,000 of a private pension non-taxable (A.5235, Barclay).