Bill Commons

NY S 4248

in committee

Provides for a job creation tax credit

New York · 2025-2026 Regular Session · upper

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Quick answers

Did NY S 4248 pass?

Not yet. NY S 4248 is in committee and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO BUDGET AND REVENUE

What is NY S 4248 about?

Provides a 50% tax credit for new income tax revenue generated by a new employee; provides credit may be taken up to 10 years; provides that the Department of Economic Development must monitor and certify the additional employment for any business which applies for the credit; provides any company taking the credit must maintain employment in the state for twice the number of years as the term of the tax credit; provides the Department of Economic Development shall annually report to the governor and the Legislature on the number and amounts of credits.

Who sponsors NY S 4248?

Kevin S. Parker is the primary sponsor of NY S 4248.

Description

Provides a 50% tax credit for new income tax revenue generated by a new employee; provides credit may be taken up to 10 years; provides that the Department of Economic Development must monitor and certify the additional employment for any business which applies for the credit; provides any company taking the credit must maintain employment in the state for twice the number of years as the term of the tax credit; provides the Department of Economic Development shall annually report to the governor and the Legislature on the number and amounts of credits.

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

Sponsors

  • Kevin S. Parkerprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-01-07

    REFERRED TO BUDGET AND REVENUE

    referral-committee

  2. 2025-02-03

    REFERRED TO BUDGET AND REVENUE

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

  • Prior session: S 1237not in this corpus
  • Prior session: S 2703not in this corpus
  • Prior session: S 5584not in this corpus
  • Prior session: S 3420not in this corpus
  • Prior session: S 4606not in this corpus
  • Prior session: S 5078not in this corpus
  • Prior session: S 6378not in this corpus

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/S4248?summary=&detail=

Attribution

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

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

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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=S 4248. 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.