New York bills · 2025 Regular Session
New York S 2571
Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Simcha Felder
Cosponsors (1)
- Robert Rolison (Republican)
Summary
Official abstract published by the New York legislature
Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater from $20,000 to $25,000 in 2027, $30,000 in 2028, $35,000 in 2029 and $40,000 for each subsequent year.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- May 27, 2025 · Senate
RECOMMIT, ENACTING CLAUSE STRICKEN - Feb 26, 2025 · Senate
PRINT NUMBER 2571A - Feb 26, 2025 · Senate
AMEND AND RECOMMIT TO INVESTIGATIONS AND GOVERNMENT OPERATIONS - Jan 21, 2025 · Senate
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS