Comments: NY A00259 | 2025-2026 | General Assembly

Bill Title: Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater from $20,000 to $27,000 in 2027, $30,000 in 2028, $35,000 in 2029 and $40,000 for each subsequent year.

Spectrum: Partisan Bill (Democrat 7-0)

Status: (Introduced) 2025-01-08 - referred to ways and means [A00259 Detail]

Text: Latest bill text (Introduced) [HTML]

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