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Enacts into law major components of legislation necessary to implement the state transportation, economic development and environmental conservation budget for the 2025-2026 state fiscal year; relates to the waterfront commission act; makes amendments to change "applicant" to "licensee or…
This bill implements components of the state budget for 2025-2026, including transportation funding, environmental conservation measures, and financial regulations.
If you use AI for pricing or customer interaction, you must disclose algorithmically set prices or face penalties.
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Affected Industries
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What This Means
The bill encompasses a wide range of legislative components, including significant transportation and environmental initiatives. It also includes regulations on AI companion models and requirements for transparency in algorithmically set pricing. The bill reflects a comprehensive approach to state governance.
Key Provisions
- Regulates artificial intelligence companion models.
- Requires disclosure of algorithmically set prices for goods and services.
- Enacts mass transportation payments to Central New York Regional Transportation District.
- Increases the value of abandoned motor vehicles for local authority ownership.
- Extends provisions for tax increment financing.
- Establishes a suicide prevention fund.
- Regulates buy-now-pay-later lenders.
- Includes waste tire management fee and hazardous waste disposal provisions.
Latest Legislative Action
substituted by s3008c
Bill Sponsors
| Name | Role |
|---|---|
| Budget Committee | Primary |
| SIMON | Primary |
Compliance Checklist
Who: Businesses using AI for pricing.
Penalty: Potential fines for non-compliance.
Who: Businesses deploying AI companion technologies.
Penalty: Potential fines for non-compliance.
Related & Companion Bills
Full Legal Analysis
Official Source
Related Topics
Affected Industries
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