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A 5377

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

Relates to calculation of franchise tax on businesses with a business income base over five million dollars

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Abstract

Provides that the franchise tax on businesses with a business income base over five million dollars shall be nine percent of such income base.

Bill Sponsors (4)

Michaelle Solages

  • Democratic
  • Assembly Member
  • District 22
Primary

Emily Gallagher

  • Democratic
  • Assembly Member
  • District 50
Cosponsor

Al Taylor

  • Democratic
  • Assembly Member
  • District 71
Cosponsor

Larinda Hooks

  • Democratic/Working Families
  • Assembly Member
  • District 35
Cosponsor

Votes

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Actions

Feb 13, 2025

Assembly

REFERRED TO WAYS AND MEANS

  • Referral-Committee
WAYS AND MEANS

Bill Text

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Related Documents

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Sources

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