New York bills · 2025 Regular Session
New York S 2023
Creates the middle class circuit breaker tax credit and a tax reform study commission
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Liz Krueger (Democratic/Working Families)
Cosponsors (3)
- Jamaal Bailey (Democratic/Working Families)
- John Liu (Democratic)
- Julia Salazar (Democratic/Working Families)
Summary
Official abstract published by the New York legislature
Creates the middle class circuit breaker tax credit allowing a credit against personal income tax, equal to seventy percent of the amount by which the taxpayer's net real property tax or the taxpayer's real property tax equivalent exceeds the taxpayer's maximum real property tax; establishes a tax reform study commission.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 7, 2026 · Senate
REFERRED TO BUDGET AND REVENUE - Jan 15, 2025 · Senate
REFERRED TO BUDGET AND REVENUE