Bill Text: NY A00829 | 2025-2026 | General Assembly | Introduced

---

Bill Title: Excludes unemployment compensation from being included in the computation of state income tax.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced) 2025-01-08 - referred to ways and means [A00829 Detail]

Download: New_York-2025-A00829-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________

                                           829

                               2025-2026 Regular Sessions

                   IN ASSEMBLY

                                       (Prefiled)

                                     January 8, 2025
                                       ___________

        Introduced  by  M. of A. FORREST, GONZALEZ-ROJAS, REYES, SIMON, CUNNING-
          HAM, MAMDANI -- read once and referred to the Committee  on  Ways  and
          Means

        AN  ACT  to  amend  the  tax  law, in relation to excluding unemployment
          compensation benefits from state income tax

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1. Subsection (c) of section 612 of the tax law is amended by
     2  adding a new paragraph 48 to read as follows:
     3    (48) For each taxable year beginning on and after January  first,  two
     4  thousand  twenty-five,  the  amount  of  any  unemployment  compensation
     5  received by a taxpayer.
     6    § 2. This act shall take effect immediately.






         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02078-01-5