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A 1971

  • New York Assembly Bill
  • 2025 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; and imposes an additional tax on individual business income

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Abstract

Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; imposes an additional tax on individual business income in response to federal tax benefits for pass-through business income.

Bill Sponsors (29)

Anna Kelles

  • Democratic/Working Families
  • Assembly Member
  • District 125
Primary

Harvey Epstein

  • Democratic
  • Assembly Member
  • District 74
Cosponsor

Sarahana Shrestha

  • Democratic/Working Families
  • Assembly Member
  • District 103
Cosponsor

Jessica González-Rojas

  • Democratic/Working Families
  • Assembly Member
  • District 34
Cosponsor

Tony Simone

  • Democratic
  • Assembly Member
  • District 75
Cosponsor

Steven Raga

  • Democratic
  • Assembly Member
  • District 30
Cosponsor

Dana Levenberg

  • Democratic/Working Families
  • Assembly Member
  • District 95
Cosponsor

Jeffrey Dinowitz

  • Democratic
  • Assembly Member
  • District 81
Cosponsor

Phil Ramos

  • Democratic
  • Assembly Member
  • District 6
Cosponsor

George Alvarez

  • Democratic
  • Assembly Member
  • District 78
Cosponsor

Karines Reyes

  • Democratic
  • Assembly Member
  • District 87
Cosponsor

Phara Souffrant Forrest

  • Democratic
  • Assembly Member
  • District 57
Cosponsor

Zohran Mamdani

  • Democratic
  • Assembly Member
  • District 36
Cosponsor

Marcela Mitaynes

  • Democratic/Working Families
  • Assembly Member
  • District 51
Cosponsor

Emily Gallagher

  • Democratic
  • Assembly Member
  • District 50
Cosponsor

Robert Carroll

  • Democratic
  • Assembly Member
  • District 44
Cosponsor

Demond Meeks

  • Democratic/Working Families
  • Assembly Member
  • District 137
Cosponsor

MaryJane Shimsky

  • Democratic/Working Families
  • Assembly Member
  • District 92
Cosponsor

Jo Anne Simon

  • Democratic
  • Assembly Member
  • District 52
Cosponsor

Grace Lee

  • Democratic
  • Assembly Member
  • District 65
Cosponsor

Manny De Los Santos

  • Democratic
  • Assembly Member
  • District 72
Cosponsor

Linda Rosenthal

  • Democratic
  • Assembly Member
  • District 67
Cosponsor

Rebecca Seawright

  • Democratic
  • Assembly Member
  • District 76
Cosponsor

Rodneyse Bichotte Hermelyn

  • Democratic
  • Assembly Member
  • District 42
Cosponsor

Nader Sayegh

  • Democratic
  • Assembly Member
  • District 90
Cosponsor

Maritza Davila

  • Democratic
  • Assembly Member
  • District 53
Cosponsor

Claire Valdez

  • Democratic/Working Families
  • Assembly Member
  • District 37
Cosponsor

Catalina Cruz

  • Democratic
  • Assembly Member
  • District 39
Cosponsor

Al Taylor

  • Democratic
  • Assembly Member
  • District 71
Cosponsor

Votes

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Actions

Jan 14, 2025

Assembly

REFERRED TO WAYS AND MEANS

  • Referral-Committee
WAYS AND MEANS

Bill Text

Bill Text Versions Format
A1971 PDF HTML

Related Documents

Document Format
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Sources

Data on Open States is updated periodically throughout the day from the official website of the New York Legislature.

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