NY S 953
in committeeRaises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; and imposes an additional tax on individual business income
New York · 2025-2026 Regular Session · upper
Description
Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; imposes an additional tax on individual business income in response to federal tax benefits for pass-through business income.
- Introduced
- —
- Status date
- —
- Latest action
- 2025-01-08 — REFERRED TO BUDGET AND REVENUE
- Bill type
- bill
- Last updated
- —
Sponsors
- Brad Hoylman-Sigalprimary
- Jabari Brisportcosponsor
- Samra Broukcosponsor
- Cordell Clearecosponsor
- Nathalia Fernandezcosponsor
- Kristen Gonzalezcosponsor
- Michelle Hincheycosponsor
- Robert Jacksoncosponsor
- Zellnor Myriecosponsor
- Kevin S. Parkercosponsor
- Jessica Ramoscosponsor
- Gustavo Riveracosponsor
- Julia Salazarcosponsor
- James Sanders Jr.cosponsor
- José M. Serranocosponsor
Committees
Not provided by source.
Action timeline
2025-01-08
REFERRED TO BUDGET AND REVENUE
referral-committee
Versions
- S953Compare
Documents
- text/html(no extracted text yet)
- application/pdf
Votes
Not provided by source.
Related bills
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z
Use this data
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