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New York bills · 2025 Regular Session

New York S 7643

Relates to the pass-through entity tax credit and the city pass-through entity tax credit

  1. Introduced
  2. In committee
  3. Passed Senate
  4. Passed House
  5. To Governor
  6. Became law

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Summary

Official abstract published by the New York legislature

Provides that the aggregate amount of pass-through entity credits claimed by all partners, members or shareholders of an electing partnership or electing S corporation shall not exceed eighty-seven percent of the tax due.

Text versions

Roll-call votes

No recorded votes on this bill.

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