Bill > A05002

This bill establishes a tax credit for small businesses (defined as those with 50 or fewer employees) to help offset the costs of sexual harassment prevention training required by New York labor law. The tax credit allows businesses to claim 50% of the wages paid to employees during the training, up to a maximum of $50 per employee, for one sexual harassment training course per year per employee. If businesses cannot use the entire credit in the initial year, they may carry the unused portion forward to the next five consecutive tax years, though the credit cannot reduce their tax liability below zero. The bill amends the tax law to create this new credit, which will take effect for taxable years beginning on or after January 1, 2026. By providing a financial incentive, the bill aims to encourage small businesses to consistently provide sexual harassment prevention training and support a safer workplace environment.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A5002