Committee on Finance meeting
July 16, 2026, 10:00 AM
VOTE*
The Committee on Finance held a hearing on Res 0551, which approves new and changed designations of organizations set to receive Expense Budget funding, and on Int 0972, a bill to decrease the personal income tax credit residents can claim for their share of city unincorporated business tax paid by partnerships.
What was discussed
- Council adopts the Finance items; Int 972 draws six dissents The Committee on Finance's preconsidered items were coupled onto the General Order calendar: Res 551 approving new and changed designations of organizations receiving Expense Budget funding, and Int 972 decreasing the credit against the city personal income tax for residents' share of the
Agenda
3 items
- Res 0551-2026 Resolution approving the new designation and changes in the designation of certain organizations to receive funding in the Expense Budget P-C Item Approved by Comm
- Int 0972-2026 A Local Law to amend the administrative code of the city of New York, in relation to decreasing the credit against the city personal income tax on residents for such residents’ share of city unincorporated business tax paid by partnerships in which such residents are partners or businesses of which P-C Item Approved by Comm
- T2026-0004 AND SUCH OTHER BUSINESS AS MAY BE NECESSARY