Bill Commons

NY A 10575

in committee

Creates the middle class circuit breaker tax credit and a tax reform study commission

New York · 2025-2026 Regular Session · lower

Description

Creates the middle class circuit breaker tax credit allowing a credit against personal income tax, equal to seventy percent of the amount by which the taxpayer's net real property tax or the taxpayer's real property tax equivalent exceeds the taxpayer's maximum real property tax; establishes a tax reform study commission.

Introduced
—
Status date
—
Latest action
2026-03-13 — REFERRED TO WAYS AND MEANS
Bill type
bill
Last updated
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Sponsors

  • Alicia Hyndmanprimary

Committees

Not provided by source.

Action timeline

  1. 2026-03-13

    REFERRED TO WAYS AND MEANS

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/A10575?summary=&detail=

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

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