Bill > S08317

This bill extends the effectiveness of a specific tax law provision regarding estate tax treatment for surviving spouses who are not United States citizens, pushing the expiration date from July 1, 2025 to July 1, 2028. The original law, which was first enacted in 2013 and previously amended in 2022, applies to the estates of decedents dying on or after January 1, 2010. By extending the expiration date, the bill ensures that the current estate tax rules for non-U.S. citizen surviving spouses will continue to be in effect for an additional three years, providing continued tax treatment guidance for these specific estate situations. The bill takes effect immediately upon passage, which means the new expiration date of July 1, 2028 will be applied retroactively to the existing law.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S8317