Bill
Bill > S05125
NY S05125
NY S05125Excludes from state income tax up to $10,200 of unemployment compensation benefits earned by a resident of the state.
summary
Introduced
02/24/2021
02/24/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to excluding from state income tax certain unemployment compensation benefits
AI Summary
This bill excludes up to $10,200 of unemployment compensation benefits received by a resident of New York state from state income tax, starting in the 2020 tax year. The bill amends the state's tax law to add this new provision, and it takes effect immediately upon enactment.
Committee Categories
Budget and Finance
Sponsors (56)
Simcha Felder (D)*,
Joe Addabbo (D),
Fred Akshar (R),
Jamaal Bailey (D),
Alessandra Biaggi (D),
George Borrello (R),
Philip Boyle (R),
Neil Breslin (D),
John Brooks (D),
Samra Brouk (D),
Cordell Cleare (D),
Leroy Comrie (D),
Jeremy Cooney (D),
Patrick Gallivan (R),
James Gaughran (D),
Michael Gianaris (D),
Andrew Gounardes (D),
Joe Griffo (R),
Pete Harckham (D),
Pam Helming (R),
Michelle Hinchey (D),
Brad Hoylman (D),
Robert Jackson (D),
Daphne Jordan (R),
Todd Kaminsky (D),
Anna Kaplan (D),
Timothy Kennedy (D),
Andrew Lanza (R),
John Mannion (D),
Michael Martucci (R),
Mario Mattera (R),
Rachel May (D),
Shelley Mayer (D),
Zellnor Myrie (D),
Tom O'Mara (R),
Peter Oberacker (R),
Rob Ortt (R),
Tony Palumbo (R),
Kevin Parker (D),
Roxanne Persaud (D),
Jessica Ramos (D),
Edward Rath (R),
Elijah Reichlin-Melnick (D),
Patricia Ritchie (R),
Julia Salazar (D),
James Sanders (D),
Diane Savino (D),
Luis Sepúlveda (D),
Susan Serino (R),
Jose Serrano (D),
James Skoufis (D),
Toby Stavisky (D),
Dan Stec (R),
Jim Tedisco (R),
Kevin Thomas (D),
Alexis Weik (R),
Last Action
REFERRED TO BUDGET AND REVENUE (on 01/05/2022)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/S5125 | 02/25/2021 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S05125&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S05125A | 02/26/2021 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S05125&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S05125 | 02/25/2021 |
Loading...