NY A 259
in committeeIncreases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater
New York · 2025-2026 Regular Session · lower
Description
Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater from $20,000 to $25,000 in 2027, $30,000 in 2028, $35,000 in 2029 and $40,000 for each subsequent year.
- Introduced
- —
- Status date
- —
- Latest action
- 2026-01-07 — REFERRED TO WAYS AND MEANS
- Bill type
- bill
- Last updated
- —
Sponsors
- William Magnarelliprimary
- Albert A. Stirpecosponsor
- Vivian Cookcosponsor
- Phil Steckcosponsor
- Michael Benedettocosponsor
- Billy Jonescosponsor
- Christopher Eachuscosponsor
- Amy Paulincosponsor
Committees
Not provided by source.
Action timeline
2025-01-08
REFERRED TO WAYS AND MEANS
referral-committee
2025-02-25
AMEND AND RECOMMIT TO WAYS AND MEANS
amendment-passage,referral-committee
2025-02-25
PRINT NUMBER 259A
amendment-passage
2026-01-07
REFERRED TO WAYS AND MEANS
referral-committee
Versions
Documents
- application/pdf(no extracted text yet)
- text/html(no extracted text yet)
- application/pdf(no extracted text yet)
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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