Bill Commons

NY A 1245

in committee

Provides for a personal income tax deduction for student loan payments

New York · 2025-2026 Regular Session · lower

Follow this bill’s action updates (Atom)

Subscribe in a feed reader. The feed covers recorded actions from the last 30 days; Bill Commons may record an action after it happened at the legislature.

Quick answers

Did NY A 1245 pass?

Not yet. NY A 1245 is in committee and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO WAYS AND MEANS

What is NY A 1245 about?

Provides for a personal income tax deduction for student loan payments not in excess of five thousand dollars; excludes any payment not in excess of five thousand dollars made by an employer, employee, or on behalf of an employee that is directly deducted from the employee's wages through payroll and administered by a third-party platform that facilitates direct payments to educational institutions or related loan servicers on behalf of students such amount from an employee's New York state gross income; further excludes any contribution not to exceed five thousand dollars to a tuition program under section 529 of the Internal Revenue Code made through payroll deduction and facilitated by an employer or a third-party platform that facilitates direct payments to such programs on behalf of employees from the employee's New York state gross income.

Who sponsors NY A 1245?

Jo Anne Simon is the primary sponsor of NY A 1245, joined by 29 cosponsors.

Description

Provides for a personal income tax deduction for student loan payments not in excess of five thousand dollars; excludes any payment not in excess of five thousand dollars made by an employer, employee, or on behalf of an employee that is directly deducted from the employee's wages through payroll and administered by a third-party platform that facilitates direct payments to educational institutions or related loan servicers on behalf of students such amount from an employee's New York state gross income; further excludes any contribution not to exceed five thousand dollars to a tuition program under section 529 of the Internal Revenue Code made through payroll deduction and facilitated by an employer or a third-party platform that facilitates direct payments to such programs on behalf of employees from the employee's New York state gross income.

Introduced
—
Latest action
2026-01-07 — REFERRED TO WAYS AND MEANS
Bill type
bill
Last updated
—

Sponsors

  • Jo Anne Simonprimary
  • Robert C. Carrollcosponsor
  • William Magnarellicosponsor
  • Angelo Santabarbaracosponsor
  • Jeffrey Dinowitzcosponsor
  • Michael Tannousiscosponsor
  • Karen McMahoncosponsor
  • John Lemondescosponsor
  • Steve Sterncosponsor
  • Jerett Gandolfocosponsor
  • Joe Angelinocosponsor
  • Amanda Septimocosponsor
  • Chantel Jacksoncosponsor
  • Catalina Cruzcosponsor
  • Zohran Mamdanicosponsor
  • Pamela J. Huntercosponsor
  • Michael Dursocosponsor
  • Donna Lupardocosponsor
  • Maritza Davilacosponsor
  • Tony Simonecosponsor
  • Rebecca Seawrightcosponsor
  • Joe DeStefanocosponsor
  • MaryJane Shimskycosponsor
  • William Coltoncosponsor
  • Jonathan Jacobsoncosponsor
  • John K. Mikulincosponsor
  • Phara Souffrant Forrestcosponsor
  • Sarah Clarkcosponsor
  • Kalman Yegercosponsor
  • Anna Kellescosponsor

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-01-07

    REFERRED TO WAYS AND MEANS

    referral-committee

  2. 2025-11-21

    AMEND AND RECOMMIT TO WAYS AND MEANS

    amendment-passage,referral-committee

  3. 2025-11-21

    PRINT NUMBER 1245A

    amendment-passage

  4. 2025-01-09

    REFERRED TO WAYS AND MEANS

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

  • Prior session: A 2852not in this corpus
  • Prior session: A 2123not in this corpus
  • Prior session: A 10635not in this corpus
  • Prior session: A 3419not in this corpus
  • Prior session: A 862not in this corpus
  • Prior session: A 5724not in this corpus
  • Prior session: A 1563not in this corpus

Official source

Attribution

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

Inspect retained evidence for changes recorded after evidence tracking began:

Session-wide evidence can include changes to other bills:

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=NY&identifier=A 1245. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

See the methodology page for data sources and limitations.