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S 3943

  • New York Senate Bill
  • 2025 Regular Session
  • Introduced in Senate
  • Senate
  • Assembly
  • 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 (3)

Andrew Gounardes

  • Democratic
  • Senator
  • District 26
Primary

Leroy Comrie

  • Democratic
  • Senator
  • District 14
Cosponsor

John Liu

  • Democratic
  • Senator
  • District 16
Cosponsor

Votes

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Actions

Jan 30, 2025

Senate

REFERRED TO BUDGET AND REVENUE

  • Referral-Committee
BUDGET AND REVENUE

Bill Text

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Sources

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