Bill Texts: 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]

Bill Drafts

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Introduced2025-01-08HTML/TextLinkView

Amendments

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No bill amendments currently on file for New York A00259

Supplemental Documents

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No supplemental documents for New York A00259 currently on file.

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