New York bills · 2025 Regular Session

New York A 5377

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

Introduced
In committee
Passed House
Passed Senate
To Governor
Became law

Sponsors

Michaelle C. Solages (Democratic)

Cosponsors (2)

Emily Gallagher (Democratic)
Al Taylor (Democratic)

Summary

Official abstract published by the New York legislature

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

Text versions

Roll-call votes

No recorded votes on this bill.

Actions

Feb 13, 2026 · House
PRINT NUMBER 5377A
Feb 13, 2026 · House
AMEND AND RECOMMIT TO WAYS AND MEANS
Jan 7, 2026 · House
REFERRED TO WAYS AND MEANS
Feb 13, 2025 · House
REFERRED TO WAYS AND MEANS