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]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Brad Hoylman-Sigal [D]	Primary	Sponsored Bills	SD-047	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jabari Brisport [D]	Cosponsor	Sponsored Bills	SD-025	FollowTheMoney	Ballotpedia	VoteSmart
Senator Cordell Cleare [D]	Cosponsor	Sponsored Bills	SD-030	FollowTheMoney	Ballotpedia	VoteSmart
Senator Nathalia Fernandez [D]	Cosponsor	Sponsored Bills	SD-034	FollowTheMoney	Ballotpedia	VoteSmart
Senator Kristen Gonzalez [D]	Cosponsor	Sponsored Bills	SD-059	FollowTheMoney	Ballotpedia	VoteSmart
Senator Michelle Hinchey [D]	Cosponsor	Sponsored Bills	SD-041	FollowTheMoney	Ballotpedia	VoteSmart
Senator Robert Jackson [D]	Cosponsor	Sponsored Bills	SD-031	FollowTheMoney	Ballotpedia	VoteSmart
Senator Zellnor Myrie [D]	Cosponsor	Sponsored Bills	SD-020	FollowTheMoney	Ballotpedia	VoteSmart
Senator Kevin Parker [D]	Cosponsor	Sponsored Bills	SD-021	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jessica Ramos [D]	Cosponsor	Sponsored Bills	SD-013	FollowTheMoney	Ballotpedia	VoteSmart
Senator Gustavo Rivera [D]	Cosponsor	Sponsored Bills	SD-033	FollowTheMoney	Ballotpedia	VoteSmart
Senator Julia Salazar [D]	Cosponsor	Sponsored Bills	SD-018	FollowTheMoney	Ballotpedia	VoteSmart
Senator James Sanders [D]	Cosponsor	Sponsored Bills	SD-010	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jose Serrano [D]	Cosponsor	Sponsored Bills	SD-029	FollowTheMoney	Ballotpedia	VoteSmart

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