NY S03440 | 2023-2024 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 31 2023 - 25% progression, died in committee
Action: 2024-01-03 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 31 2023 - 25% progression, died in committee
Action: 2024-01-03 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Reinstates a bank tax based on the highest of four bases: a tax on allocated entire net income, a tax on allocated alternative entire net income, a tax on allocated taxable assets, or a fixed dollar minimum tax; prohibits banks from segregating their income and capital into business and investment varieties.
Title
Reinstates a bank tax based on the highest of four bases: a tax on allocated entire net income, a tax on allocated alternative entire net income, a tax on allocated taxable assets, or a fixed dollar minimum tax; prohibits banks from segregating their income and capital into business and investment varieties.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-03 | Senate | REFERRED TO BUDGET AND REVENUE |
| 2023-01-31 | Senate | REFERRED TO BUDGET AND REVENUE |
Same As/Similar To
A02195 (Same As) 2024-01-03 - referred to ways and means
