Bill
Bill > A11253
NY A11253
NY A11253Phases in tax cuts to the personal income tax over a period of ten years; repeals certain provisions relating to tax benefit recapture.
summary
Introduced
05/04/2026
05/04/2026
In Committee
05/04/2026
05/04/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to the personal income tax rate; and to repeal certain provisions of such law relating thereto
AI Summary
This bill phases in tax cuts to the personal income tax over a period of ten years, starting in 2026 and concluding in 2035, by adjusting the tax tables for different filing statuses including married individuals filing jointly, surviving spouses, heads of households, unmarried individuals, and married individuals filing separately, and also repeals certain provisions related to tax benefit recapture, which likely refers to rules that might require taxpayers to repay certain tax benefits under specific circumstances.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
referred to ways and means (on 05/04/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A11253 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A11253&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A11253 |
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