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]
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.
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
Date | Chamber | Action |
---|---|---|
2024-01-03 | Assembly | referred to ways and means |
2023-02-03 | Assembly | referred to ways and means |
Same As/Similar To
S01980 (Same As) 2024-01-03 - REFERRED TO BUDGET AND REVENUE