Bill Texts: NY S01980 | 2023-2024 | General Assembly

Bill 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.

Spectrum: Partisan Bill (Democrat 14-0)

Status: (Introduced) 2024-01-03 - REFERRED TO BUDGET AND REVENUE [S01980 Detail]

Bill Drafts

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Introduced2023-01-18HTML/TextLinkView

Amendments

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No bill amendments currently on file for New York S01980

Supplemental Documents

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No supplemental documents for New York S01980 currently on file.

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