New York bills · 2025 Regular Session

New York S 3943

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

Introduced
In committee
Passed Senate
Passed House
To Governor
Became law

Sponsors

Andrew Gounardes (Democratic)

Cosponsors (2)

Leroy Comrie (Democratic)
John Liu (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 12, 2026 · Senate
PRINT NUMBER 3943A
Feb 12, 2026 · Senate
AMEND AND RECOMMIT TO BUDGET AND REVENUE
Jan 7, 2026 · Senate
REFERRED TO BUDGET AND REVENUE
Jan 30, 2025 · Senate
REFERRED TO BUDGET AND REVENUE