New York bills · 2025 Regular Session

New York A 3632

Establishes a billionaire mark-to-market tax

Introduced
In committee
Passed House
Passed Senate
To Governor
Became law

Sponsors

Anna Kelles (Democratic/Working Families)

Cosponsors (25)

Sarahana Shrestha (Democratic/Working Families)
Jessica Gonzalez-Rojas (Democratic/Working Families)
Jo Anne Simon (Democratic)
Tony Simone (Democratic)
Steven Raga (Democratic)
Dana Levenberg (Democratic/Working Families)
Karines Reyes (Democratic)
Marcela Mitaynes (Democratic/Working Families)
Emily Gallagher (Democratic)
Robert C. Carroll (Democratic)
Manny De Los Santos (Democratic)
Khaleel Anderson (Democratic/Working Families)
Linda Rosenthal (Democratic)
Phara Souffrant Forrest (Democratic)
Rebecca Seawright (Democratic)
Philip Ramos (Democratic)
Rodneyse Bichotte Hermelyn (Democratic)
Nader Sayegh (Democratic)
Harvey Epstein
Demond Meeks (Democratic/Working Families)
Maritza Davila (Democratic)
Claire Valdez (Democratic/Working Families)
Catalina Cruz (Democratic)
Latrice Walker (Democratic)
Diana Moreno (Democratic/Working Families)

Summary

Official abstract published by the New York legislature

Establishes a billionaire mark-to-market tax taxing residents with one billion dollars or more in net assets.

Text versions

A3632

Roll-call votes

No recorded votes on this bill.

Actions

Jan 7, 2026 · House
REFERRED TO WAYS AND MEANS
Jan 29, 2025 · House
REFERRED TO WAYS AND MEANS