NY A03690 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 29-0)
Status: Introduced on February 3 2023 - 25% progression
Action: 2024-01-03 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

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.

Tracking Information

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Title

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.

Sponsors


History

DateChamberAction
2024-01-03Assemblyreferred to ways and means
2023-02-03Assemblyreferred to ways and means

Same As/Similar To

S01980 (Same As) 2024-01-03 - REFERRED TO BUDGET AND REVENUE

New York State Sources


Bill Comments

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