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What tax and budget measures are moving in state legislatures this week?

State legislatures in New York and New Jersey advanced several tax and budget measures between October 16 and October 19, 2026. In New York, the legislature delivered A10052 to the Governor to extend Red Hook's real estate transfer tax authority and A10162 to maintain property tax shift limitations in Orangetown for the 2026-2027 assessment rolls. Meanwhile, the New Jersey legislature is considering A5698, which proposes a 550,000 dollar supplemental appropriation for fiscal year 2027 to fund income tax preparation assistance through the United Way of Northern New Jersey. Additionally, New Jersey introduced A5676, a bill that would impose a 10 percent tax on computer processing power used by specific artificial intelligence systems, with all generated revenue directed toward a new AI Workforce Impact Transition Fund. Both New Jersey measures saw legislative activity on October 19. Synthesized from 21 manifests produced by 2 sources across the 50 monitored statehouse streams in the last 7 days, including appropriations, tax bills, budget actions.

Answer updated Oct 22, 2026 12:17 UTC · rebuilt twice daily from the rolling 168-hour window

New York A10052 delivered to Governor to extend Red Hook real estate transfer tax authority

A10052 extends the authorization for the Town of Red Hook to levy real estate transfer taxes and maintain a community preservation fund. The bill passed both chambers of the New State Legislature on June 3, 2026, and was delivered to the Governor on October 16, 2026. This measure continues existing local taxing authori

New York State Legislature Open Legislation · 2026-10-16 · 6 claims · manifest 1792191545953122336 source →

New York A10162 delivered to Governor to extend Orangetown property tax shift limitations

The New York State Legislature has passed A10162, which extends current limitations on the shift between classes of taxable property within the town of Orangetown, County. The measure applies specifically to the 2026-2027 assessment rolls. Having cleared both the Assembly and the Senate, the bill was delivered to the G

New York State Legislature Open Legislation · 2026-10-16 · 6 claims · manifest 1792191545953119835 source →

New Jersey A5698 provides $550,000 supplemental FY2027 appropriation for tax assistance

New Jersey Legislature is considering A5698, which would authorize a $550,000 supplemental appropriation for the 2027 fiscal year. These funds are designated for income tax preparation assistance services administered by the United Way of Northern New Jersey. The measure's most recent legislative action was recorded on

New Jersey Legislature 2026 Recent Bills · 2026-10-19 · 4 claims · manifest 1792115362276987359 source →

New Jersey A5676 introduced to impose 10 percent tax on AI computer processing

New Jersey bill A5676 has been introduced to establish a 10 percent tax on computer processing power used by certain artificial intelligence systems. The legislation mandates that all revenue generated from this tax be dedicated to the "AI Workforce Impact Transition Fund." The bill is currently in the legislative proc

New Jersey Legislature 2026 Recent Bills · 2026-10-19 · 3 claims · manifest 1792115362275072519 source →