Bill > A03719

This bill establishes a new "robot tax" that imposes an additional tax surcharge on corporations that displace workers through technological replacements. Specifically, the tax would be equal to the sum of all taxes and fees (such as state income tax, unemployment insurance, and local occupational taxes) paid for an employee's final year of employment when their position is replaced by technology, which is broadly defined to include machinery, artificial intelligence algorithms, and computer applications. The tax applies to corporations doing business in New York state, which is determined by specific thresholds such as having at least 1,000 customers or merchant locations within the state, or having at least $1 million in state receipts. The bill includes provisions for annual adjustments to the receipt thresholds based on changes in the Consumer Price Index (CPI-U) and includes detailed definitions and exceptions for different types of corporations, including foreign and alien corporations. The tax would take effect for taxable years starting January 1, 2026, and aims to create a financial disincentive for companies that replace human workers with technological alternatives.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A3719