Bill Commons

NY S 8577

in committee

Enacts the "fair share act"

New York · 2025-2026 Regular Session · upper

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Quick answers

Did NY S 8577 pass?

Not yet. NY S 8577 is in committee and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

What is NY S 8577 about?

Enacts the "fair share act"; authorizes cities imposing city personal income taxes to adopt and amend local laws imposing an additional tax of two percent on the annual city taxable income of city residents, estates and trusts reporting any return in excess of one million dollars.

Who sponsors NY S 8577?

John Liu is the primary sponsor of NY S 8577, joined by 14 cosponsors.

Description

Enacts the "fair share act"; authorizes cities imposing city personal income taxes to adopt and amend local laws imposing an additional tax of two percent on the annual city taxable income of city residents, estates and trusts reporting any return in excess of one million dollars.

Introduced
—
Latest action
2026-01-07 — REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
Bill type
bill
Last updated
—

Sponsors

  • John Liuprimary
  • Jabari Brisportcosponsor
  • Cordell Clearecosponsor
  • Michael Gianariscosponsor
  • Kristen Gonzalezcosponsor
  • Robert Jacksoncosponsor
  • Zellnor Myriecosponsor
  • Kevin S. Parkercosponsor
  • Jessica Ramoscosponsor
  • Gustavo Riveracosponsor
  • Julia Salazarcosponsor
  • James Sanders Jr.cosponsor
  • Luis R. Sepúlvedacosponsor
  • José M. Serranocosponsor
  • Toby Ann Staviskycosponsor

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-01-07

    REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

    referral-committee

  2. 2025-11-14

    REFERRED TO RULES

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/S8577?summary=&detail=

Attribution

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

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Use this data

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Known limitations

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