Enacts into law major components of legislation which are necessary to implement the state fiscal plan for the 2026-2027 state fiscal year; sets forth a child and dependent care credit for taxable years beginning on or after January 1, 2026 (Part A); excludes certain tips earned up to twenty-five thousand dollars from New York adjusted gross income (Part B); allows an organization included on the federal list of tax-exempt organizations under section 501(c)(3) of title 26 of the United States code on March first, two thousand twenty-five to automatically maintain their tax-exempt status for New York state purposes (Part C); standardizes the definition of farmer for various tax credits (Part D); extends the current corporate tax rates and provides new rates depending on the income of a business (Part E); relates to the treatment of certain deductions allowable under the internal revenue code in calculating federal adjusted gross income (Part F); relates to the treatment of certain deductions allowable under the internal revenue code in calculating New York city taxable income for corporations for taxable years beginning after December 31, 2024 (Part G); relates to the deadline for the pass-through entity tax and New York city pass-through entity tax election and the payments made relating to such tax election (Part H); extends provisions of law relating to the commercial security tax credit from January 1, 2026 until January 1, 2029 (Part I); enhances the New York city musical and theatrical production credit (Part J); defines the terms "alternative nicotine products" and "nicotine analog"; makes provisions relating to the possession for sale, sale, and taxation of alternative nicotine products in this state (Part K); establishes a sales and use tax reregistration program, and a sales and use tax penalty and interest discount program (Part N); extends the sales tax exemption for vending machines; conducts a study on the tax exemption (Part P); extends the residential energy storage sales tax exemption for two years (Part Q); relates to the tax filing deadline for petroleum businesses that operate commercial vessels (Part R); extends the alternative fuels tax exemptions for five years (Part S); makes technical corrections to the STAR exemption and STAR credit programs (Part T); extends the assessment ceiling for local public utility mass real property to January 1, 2031 (Part U); provides for adjustment of the maximum income threshold for eligibility for the senior citizen rent increase exemption (SCRIE), disability rent increase exemption (DRIE), senior citizen homeowners' exemption (SCHE), and disabled homeowners' exemption (DHE) by any increase in the consumer price index (CPI) (Subpart A); requires certain agencies and individuals to provide notice regarding the rent increase exemption for low income elderly persons and persons with disabilities programs to tenants upon the occurrence of certain events (Subpart B) (Part V); conforms pari-mutuel tax provisions; makes technical corrections (Part W); extends the utilization of funds in off-track betting corporations' capital acquisition funds (Part X); makes permanent certain provisions of law relating to licenses for simulcast facilities, sums relating to track simulcast, simulcast of out-of-state thoroughbred races, simulcasting of races run by out-of-state harness tracks, distributions of wagers, and the imposition of certain taxes related thereto (Part Y); extends certain seasonal employee licensing requirements for race dates assigned to Belmont Park at Saratoga Racetrack in 2026 (Part Z); increases the amount of residential solar tax credits (Part AA); relates to tax on sales of motor fuel and petroleum products; makes conforming changes; repeals provisions relating to manufacturing gallonage for purposes of the imposition of certain taxes; repeals provisions relating to reimbursement; repeals provisions relating to a utility credit or reimbursement; repeals provisions relating to an aviation fuel business which services four or more cities; repeals provisions relating to services rendered with respect to certain property; repeals provisions relating to fuel sold to an airline for use in its airplanes (Part BB); relates to treatment of gains from qualified opportunity zones in calculating taxable income; removes exclusion of gains on property in qualified opportunity zones in calculation of income (Part CC); provides that for taxable years beginning on and after January first, two thousand twenty-six, a resident taxpayer who serves as an active volunteer firefighter or as a volunteer ambulance worker shall be allowed a credit against the tax imposed equal to six hundred dollars (Part DD); makes permanent the farm workforce retention tax credit (Part EE); amends the alternative tax table benefit recapture; increases the rate of supplemental tax for high income taxpayers (Part FF); provides that the aggregate amount of pass-through entity credits claimed by all partners, members or shareholders of an electing partnership or electing S corporation shall not exceed ninety percent of the tax due (Part GG); authorizes the city of Buffalo to impose a real estate transfer tax (Part HH); relates to sales and compensating use taxes imposed with respect to vessels (Part II); designates all taxes, interest and penalties collected by the opioid excise tax for the New York state drug treatment and public education fund (Part JJ); establishes a tax credit for food service establishment donations to food pantries, in the amount of fifty percent of the marketed value of each of the taxpayer's qualified donations up to six dollars per qualified donation, beginning with the 2027 tax year (Part KK); relates to tax credits for donations to food pantries made by farmers (Part LL); establishes a tax on noise from non-essential helicopter and seaplane flights in cities with a population of one million or more (Part MM); requires the state to keep state lottery winners identities anonymous to the general public unless the lottery winner gives their consent (Part NN); requires that sales tax exempt precious metal bullion shall be purchased by a bank, a foreign government, the U.N. or the state, federal or local government (Part OO); adds certain gains with respect to small business stock excluded pursuant to section 1202 of the Internal Revenue Code as an increase to adjusted gross income (Part PP); authorizes the city of Albany to impose real estate transfer taxes (Part QQ); decreases the amount of the credit allowed for the city pass-through entity tax against the city personal income tax (Part RR); increases the tax rates on unincorporated businesses and corporations upon adoption of a local law by the legislative body of the city of New York (Part SS); establishes the New York city mansion tax act increasing the rate of tax on certain conveyances of real property, transfers of leasehold interests, and transfers of controlling economic interests in real property in the city of New York (Part TT).